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Jerry Yang Resigns From Yahoo
PattonPending writes "It seems that the long tenure of Jerry Yang at Yahoo has ended. Yahoo's board released a letter that Yang wrote announcing his retirement, saying, in part: 'My time at Yahoo!, from its founding to the present, has encompassed some of the most exciting and rewarding experiences of my life. However, the time has come for me to pursue other interests outside of Yahoo! As I leave the company I co-founded nearly 17 years ago, I am enthusiastic about the appointment of Scott Thompson as Chief Executive Officer and his ability, along with the entire Yahoo! leadership team, to guide Yahoo! into an exciting and successful future.'"
Good luck finding someone who will work for his salary. http://www.msnbc.msn.com/id/24376328/ns/business-us_business/t/yahoo-ceo-yang-made-salary-last-year/#.TlfhkF34TSg
username+throwawaypart@gmail.com will be redirected to username@gmail.com.
The bonch user account is a shill account which is used, along with other user accounts such as SharkLaser and Overly Critical Guy, to astroturf slashdot in order to manipulate slashdot users with pro-Microsoft, anti-Google PR.
See how these accounts paste PR crap from the same corporate script in this post and this post, and in this post check how these accounts are employed together in the same discussion to karmawhore and to steer the discussion into a more corporate PR position.
Slashdot, fix your code or at least hire someone who is competent at it to do it for you.
Yahoo's stock was over $100 during the dot com boom, so no, Yang did not turn down a deal that was twice the highest Yahoo stock has ever traded at. It has split since, but has still hit over $40 after all the splits.
Now, Yang may still be a fool for turning down $33 / share since the stock has done nothing but slide since (and the writing did appear to be on the wall to at least everyone else), but other people can make that judgement.