Boing Boing: Yahoo CEO Terry Semel steps down, cofounder Jerry Yang steps up

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Monday, June 18, 2007

Yahoo CEO Terry Semel steps down, cofounder Jerry Yang steps up

Yahoo Inc. Chairman Terry Semel ended his six-year stint as chief executive officer Monday and will hand over the reins to co-founder Jerry Yang in the Internet icon's latest attempt to regain investor confidence. Semel, 64, will remain chairmain in a non-executive role. Besides naming Yang as its new CEO, Yahoo appointed Susan Decker as its president. Decker, who had been recently promoted to oversee Yahoo's advertising operations, had widely been seen as Semel's heir apparent.

Link to SF Chron's coverage.

posted by Xeni Jardin at 02:07:16 PM permalink | Other blogs' comments

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