Dennis Faas's picture

Yahoo CEO Steps Down

At last week's shareholders meeting, Yahoo CEO Terry Semel got less-than-rave reviews. As a result, his resignation may turn shareholders frowns upside down. In his place, Semel leaves co-founder Jerry Yang to take over the executive duties. He also ... announced that Susan Decker, the company's former chief financial officer who recently became the head of Yahoo's advertising and publishing segment, will fill the role of president. (Source: ) The announcement came in a memo issued to Yahoo's board of directors on June 18th. Semel wrote, "As you know, we have long talked about the ... (view more)

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