Yahoo raids Google for another key executive

SAN FRANCISCO (AFP) - Yahoo on Monday announced it had nabbed another key Google executive, naming Henrique de Castro as chief operating officer.

Mr De Castro will report directly to chief executive Marissa Mayer, who came from Google in July to help turn around the struggling Internet pioneer.

"Henrique is an incredibly accomplished and rigorous business leader, and I'm personally excited to have him join Yahoo's strong leadership team," said Ms Mayer.

"His operational experience in Internet advertising and his proven success in structuring and scaling global organisations make him the perfect fit for Yahoo as we propel the business to its next phase of growth."