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Re:Google’s Marissa Mayer Tapped as Yahoo’s Chief by smacktoward on Monday July 16, 2012 @04:20PM (#4252388)
Apple kind of leaps to mind.

This is where they were the year Jobs returned, remember: http://www.wired.com/images_blogs/gadgetlab/wired+cover.jpg

Re:Google’s Marissa Mayer Tapped as Yahoo’s Chief by spaghetti on Monday July 16, 2012 @04:24PM (#4252422)
Apple is a good example. Keep in mind that Apple was "turned around" by one of the founders. That's an example of re-aligning the company with it's original vision rather than altering the vision. I think the latter is much harder but I've never tried.
Re:Google’s Marissa Mayer Tapped as Yahoo’s Chief by ryanwaggoner on Monday July 16, 2012 @05:53PM (#4252883)
Wow, I feel stupid now. Maybe I didn't think of Apple because it was an original founder returning and fixing things?
Re:Google’s Marissa Mayer Tapped as Yahoo’s Chief by smacktoward on Monday July 16, 2012 @06:04PM (#4252922)
Don't feel stupid! It doesn't happen very often, really. Certainly the examples are few and far between. Turnarounds can happen, they just usually don't.
Re:Google’s Marissa Mayer Tapped as Yahoo’s Chief by ams6110 on Tuesday July 17, 2012 @11:23PM (#4259215)
Interesting observation. Most startups fail, and most turnaround efforts fail. Makes success something you really want to hang on to when you find it.