A Yahoo rep said Wallace started at the company this week, and that she’ll be working on “continuing our momentum” in video across news, sports, finance, and lifestyle.
Most recently, Wallace was senior VP at NBC News as the executive in charge of “Nightly News 360,” “Meet the Press 360,” and the org’s Washington Bureau before exiting in July 2015. Previously she was the executive in charge of “Today” and “Nightly News with Brian Williams” and served as chief deputy to Steve Capus, formerly president of NBC News. Prior to joining NBC News in 2005, she worked as a producer at CBS News for nearly 10 years.
Wallace joins Yahoo as the internet company is in a state of flux. Following mass layoffs earlier this year, Yahoo is in the midst of being acquired by Verizon — although the telco is still sorting out the implications for the deal of the gigantic breach of user data that Yahoo disclosed in August.
Based in New York City, Wallace is on the media team headed by Martha Nelson, Yahoo’s senior VP and global editor-in-chief and former top Time Inc. editorial exec, who joined the company last year. Yahoo’s hiring of Wallace was first reported by Politico.