Google loses an ads star as Margo Georgiadis moves to Mattel

She left, she returned, and now she’s headed out again.

Mattel announced Tuesday that it had hired Google’s Americas president Margo Georgiadis to lead the toy company as CEO.

Georgiadis, who started working at Google in 2009, was one of the company’s top advertising executives. She was often the top-ranking ad exec at events like YouTube’s Brandcast, where Google tried to persuade big-brand advertisers to move dollars from TV to YouTube.

This isn’t the first time Georgiadis has departed Google. In 2011, she left her role as VP of Global Sales Operations for a stint as COO at deals site Groupon, just before Groupon went public. Five months later, she was back at Google in her current title.

At Mattel, Georgiadis will replace Christopher A. Sinclair, who will serve as executive chairman of the board. Sinclair was tapped to run Mattel, the country’s largest toymaker, in early 2015 to lead a turnaround of the faltering company.

Flagging sales led to the abrupt ouster of its previous CEO, Bryan Stockton, and the quick appointment of Sinclair. Mattel had been looking for a long-term successor as early as November of last year, according to the Wall Street Journal.

"I'm thrilled for Margo and wish her every success at Mattel. She's helped create terrific momentum for our business and under her leadership, we've built incredibly close relationships with our partners across the Americas,” Google Chief Business Officer Philipp Schindler said in a statement.

Source:-recodea

EgyptAir flight MS804 to Cairo disappears from radar

EgyptAir flight 804 travelling from Paris to Cairo has disappeared from radar with 56 passengers and 10 crew members on board, the airline has said.

French President Francois Hollande said in a televised address that the plane had crashed early on Thursday.

The plane made "sudden swerves" mid-air and plunged before dropping off radars in the southern Mediterranean, Greece's defence minister said.

"At 3:39am the course of the aircraft was south and south-east of Kassos and Karpathos [islands] ... immediately after it entered Cairo FIR and made swerves and a descent I describe; 90 degrees left and then 360 degrees to the right," Defence Minister Panos Kammenos told a news conference.

Greek authorities mounted a search in the area south of the island of Karpathos without result so far, he said.

However, Egypt's civil aviation ministry said in a statement it was too early to confirm if the passenger plane had crashed.

According to EgyptAir, the plane took off from Paris' Charles De Gaulle Airport shortly after 11pm local time.

Greece is deploying military aircraft and a frigate to an area in the southern Mediterranean its defence ministry said.

The search for the missing EgyptAir plane was taking place at sea, about 130 nautical miles southeast of the island of Karpathos, the Greek defence ministry told Reuters news agency.

"One C-130 aircraft and an early-warning EMB-145H plane are already operating in the area. Another C-130 plane is on standby at Kasteli airport on the [southern Greek] island of Crete," Greece's military command said.

Source: http://www.aljazeera.com