Semel Out, Yang In
June 18th, 2007
Since I haven’t even started working there yet I don’t really have an opinion on this, but Yahoo! announced big news today that Terry Semel is stepping down as CEO and Yahoo! founder Jerry Yang will be stepping up to the CEO job with Sue Decker moving up to President.
Seems like this will have a positive effect on Yahoo’s stock as Wall Street seems to have fallen out of love with Semel. Will Yang bring more of an engineer focus to the company?
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Entry Filed under: Yahoo
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