Follow TechBlips on Twitter
Yang To Step Down From Yahoo
TechCrunch —
Expect Yahoo’s share price to jump tomorrow - Jerry Yang will be stepping down as CEO of the company.
The press release:
Yahoo! Conducting Search for New CEO
Co-Founder Jerry Yang to Step Down Following Appointment of New CEO
and Return to Former Role as Chief Yahoo! and Board Member
SUNNYVALE, Calif., Nov 17, 2008 (BUSINESS WIRE) –
Yahoo! Inc. (Nasdaq:YHOO) today announced that its Board of Directors has initiated a search for a new Chief Executive Officer. Jerry Yang, co-Founder of Yahoo!, has decided to return to his ...
Jerry Yang to step down as Yahoo CEO
The Microsoft Blog —
Jerry Yang will step down as Yahoo's CEO and will take up his former role as Chief Yahoo once another CEO is appointed, according to a Yahoo press release . The news ends an embattled tenure for the Yahoo co-founder, who took over as CEO in June 2007, replacing then CEO Terry Semel. The story is now familiar: In February 2008, Microsoft offered to purchase Yahoo. Under Yang's leadership, Yahoo rejected the offer, holding up for a better deal. With Yahoo's ...
Yahoo CEO Jerry Yang To Step Down, Resumes Role As 'Chief Yahoo'
InformationWeek - All Stories And Blogs —
... is looking for a new CEO. In a statement released to the press late Monday, Yahoo said that its board of directors had begun looking for someone to replace CEO Jerry Yang. Yang will remian in his postion until a replacement has been found. "Over the past year and a half, despite extraordinary challenges and distractions, Jerry Yang has led the repositioning of Yahoo on an open platform model as well as the improved alignment of costs and revenues," chairman Roy Bostock said in a statement. "Jerry and the Board have had an ongoing dialogue about succession timing, and ...
Jerry Yang Out as Yahoo’s CEO
Mashable! —
... In a statement released this evening, company Chairman Roy Bostock says: “Jerry and the Board have had an ongoing dialogue about succession timing, and we all agree that now is the right time to make the transition to a new CEO who can take the company to the next level. We are deeply grateful to Jerry for his many contributions as CEO over the past 18 months, and we are pleased that he plans to stay actively involved at Yahoo! as a key executive and member of the Board.” ...
BoomTown Scoop Confirmed: The Entire Yahoo Press Release on Yang Stepping Down as CEO
BoomTown —
As BoomTown reported earlier today in an exclusive scoop, Yahoo has confirmed that CEO Jerry Yang will be stepping down and a search for his replacement is underway.
(Yang also penned a memo to Yahoo employees about the move.)
Here is the entire Yahoo (YHOO) press release about the development:
Yahoo! Conducting Search for New CEO
Co-Founder Jerry Yang to Step Down Following Appointment of New CEO and Return to Former Role as Chief Yahoo! and Board Member
SUNNYVALE, Calif., Nov 17, 2008 (BUSINESS WIRE) ...
Yahoo to Replace CEO Jerry Yang
Search Engine Journal —
... As expected by many, Yahoo’s embattled CEO has finally decided to step down from his post as Yahoo starts searching for a new CEO that would uplift Yahoo (again) from where it is right now. Tasked to assess potential candidates and determining the final lists of candidates are Yahoo chairman Roy Bostock, some independent directors and Mr. Yang himself serving as a consultant in the process. ...
With Yang out at as Yahoo CEO; Steve Ballmer licks chops
Between the Lines —
... Jerry Yang is no longer CEO of Yahoo. After a short and stormy tenure as CEO Yang is back to being Chief Yahoo. Steve Ballmer, Microsoft and a search deal–if not outright acquisition–may not be too far behind. The official line from Yahoo ( ...
Yang Steps Down; Yahoo! Searching For New CEO
Pulse2 - Technology News And Reviews —
... “From founding this company to guiding its growth into a trusted global brand that is indispensable to millions of people, I have always sought to do what is best for our franchise,” stated Jerry Yang. “When the Board asked me to become CEO and lead the transformation of the Company, I did so because it was important to re-envision the business for a different era to drive more effective growth. Having set Yahoo! on a new, more open path, the time is right for me to transition the CEO role and our global talent to a new leader. I will continue to focus on ...
CEO Jerry Yang Stepping Down from a “Stronger” Yahoo - Seriously?
Andy Beal's Marketing Pilgrim —
The writing has been on the wall for many weeks, but today, Yahoo CEO Jerry Yang officially announced he will be stepping down from the position he assumed 18 months ago.
The official press release begins…
Yahoo! Inc. (Nasdaq:YHOO) today announced that its Board of Directors has initiated a search for a new Chief Executive Officer. Jerry Yang, co-Founder of Yahoo!, has decided to return to his former role as Chief Yahoo! upon the appointment of his successor as CEO, and he will also continue to serve on the Board. Yang, 40, assumed ...
Yahoo CEO Jerry Yang to step down
The Inquisitr » Technology —
... Yahoo CEO Jerry Yang will step down from his job as CEO as soon as the board finds a replacement for him, according to a media release from Yahoo late Monday. ...
Job opening: CEO of large Internet company
The Seattle Times: Microsoft Pri0 —
... You've likely already heard this, but I wanted to make mention of it here, too: Yahoo CEO Jerry Yang announced that he's stepping down today. ...
Who Can Replace Jerry Yang?
InformationWeek - All Stories And Blogs —
... on Jerry Yang, many people will be saying it was long overdue. The Yahoo press release says the board has initiated a search to replace Yang, who will stay on in his previous role of Chief Yahoo! (including the exclamation point) and remain a board member. So now comes the hard part. Who will replace Jerry Yang? In what direction will this new leader take Yahoo? Is there any direction that Yahoo can go at this point that doesn't involve a serious dose of down? The economy isn't doing very well, and Yahoo wasn't that strong to begin with. Even if Yahoo can find a competent ...
Jerry finally steps aside at Yahoo
mathewingram.com/work —
... Why did it take so long? That’s the only question that remains unanswered when it comes to Jerry Yang and his erstwhile leadership of the company he co-founded, at least as far as I’m concerned. It didn’t really make any sense for him to become CEO in the first place — no matter what ...
Bye-Bye Jerry, We Will Try To Remember Some Good Things about You Anyway
Profy —
... So it finally happened - Jerry Yang will step down from his position as Yahoo CEO as soon as the company finds a replacement. We’ve been all waiting for it for quite a while now watching Jerry making a mistake after a mistake and looking like he hardly knows what exactly he should do to save the company he co-founded - the one that was losing its value by leaps and bounds and still the one many of us are fond of because it seems to be here forever and is something we can hardly imagine internet without. ...
Yahoo!: Koogle, Semel, Yang... Next?
ReadWriteWeb —
... By any estimation, the position he inherited would have been a challenge for even the most seasoned executive. So it comes as little surprise that Yang has announced he is stepping down from the position of chief executive, returning to his role as Chief Yahoo! ...
Jerry Yang ready to step down as Yahoo CEO
Technology: Technology blog | guardian.co.uk —
... the memo. Yang says, somewhat optimistically: despite the external environment we face, the fact remains that yahoo! is now a significantly different company that is stronger in many ways than it was just 18 months ago. this only makes it all the more essential that we manage this opportunity to leverage the progress up to this point as effectively as possible. There's also a press release written by someone who can use capital letters: Yahoo! Conducting Search for New CEO. Bobbie Johnson has already reported the story ...
Jerry Yang steps down as CEO, search ensues
Tech Ticker —
... duty of CEO-manship. However, he revealed that he will retain the former role of Chief Yahoo! and will also sit on the Board of Directors.
Yang had been heavily criticized for screwing up the Microsoft deal and this move could be a result of that. Yahoo has appointed Heidrick & Struggles to search for the potential candidate and the chairman Roy Bostock along with some directors and Jerry Yang are finalizing the assessing potential ones for final consideration.
Press Release
Advertisement: Samsung Hub - ...
Yahoo! CEO Jerry Yang to resign
Download Squad —
... It's probably not fair to put all of that on CEO Jerry Yang's head. After all, the current economic downturn is taking its toll on everyone. But the Yahoo! board of directors has announced that it is searching for a new CEO. Once a replacement is found, Yang will step down as CEO and resume his role as "Chief Yahoo!," which is a ridiculous job title that's basically a corporate strategy job. He'll also remain on the board of directors. ...
Yang! Out as Yahoo! CEO
Internet Evolution: —
With little left to do in the way of sabotaging the company, Yahoo Inc. (Nasdaq: YHOO)'s CEO Jerry Yang has decided to step down . In traditional Yang fashion, he sent a mostly-lowercase email to employees yesterday (or "all yahoos"), saying he'd be helping out in the search for a successor, after which he will resume his previous role as Chief Yahoo: "all of you know that I have always, and will always bleed purple. i will always do what I think is right for this great company," he wrote. After the year he's had at Yahoo, that won't be the way history ...
Jerry Yang to Step Down
Alice Hill's Real Tech News - Independent Tech —
... to the outside world, it ain’t looking like Yang did a bang-up job. Certainly, as soon as Icahn secured a seat on the board, it was inevitable, IMHO, that Yang was a goner. After all, Icahn once said of Yang, when discussing replacing the entire Yahoo! board, that a new board would:“Move expeditiously to replace Jerry Yang with a new CEO with operating experience.” Of course, he backed off that and made nice when he got his Board set, but that was, of course, all just PR. In a press release , Chairman Roy Bostock said:“Over the past year and a half, despite extraordinary ...
Yahoo Getting Strong Track Record, Leadership In Carol Bartz
InformationWeek - All Stories And Blogs —
... executive of Bartz's caliber for the long haul, he said. The Wall Street Journal cited inside sources and reported that Bartz had accepted an offer from Yahoo to become replace Jerry Yang as CEO . Barron's named Bartz one of the 30 most respected CEOs in the world in 2005. In addition to serving as executive chairperson of the board for Autodesk, Bartz serves on the boards of directors of Intel, Cisco, NetApp, and the Foundation for the National Medals of Science and Technology. In 2005, Fortune listed her as one of the 50 most powerful women in business and The ...
