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Terry Semel is resigns as Yahoo CEO

Filed in archive Business News by S.M. Schrama on June 19, 2007

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Terry Semel, CEO @ Yahoo has resigned. Although his work in getting Yahoo from a search engine to what it is today, his unability to match google's ad revenue levels made him step down. He is to move into the role of non-executive chairman.
Mr. Semel, 64 years old, is widely credited with helping to focus a foundering Yahoo following his 2001 arrival and helping it ride the recovery in online advertising.(WSJ)

Yahoo co-founder Jerry Yanglinks has been named as his replacement. I am not the only one wondering if this will do the same to Yahoo as the return of Steve Jobs did for Apple.






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Tags: yahoo  ceo  terry  semel  resigns  jerry  yang  steve  jobs  apple  tech  terry+semel 

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