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Yahoo Co-Founder Yang Now In Charge

Posted by CmdrTaco on from the psst-hey-jerry-i-got-some-ideas-for-ya dept.

Raver32 writes "Yahoo Inc. Chairman Terry Semel ended his six-year tenure as chief executive officer today 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 chairman 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."

1 of 91 comments (clear)

  1. He had other sources of income by EccentricAnomaly · · Score: 0, Offtopic

    Always quit while you're #1 - from TFA: "Semel ranked No. 1
    on The Associated Press' survey of 2006 executive compensation
    with $71.7 million (U.S.)    "

    How much of that was royalties from the American Pie movies?
    --
    There are 10 types of people in this world, those who can count in binary and those who can't.