Jerry Yang Steps Down as the Yahoo CEO
Posted: November 17th, 2008 | Author: Catherine | Filed under: Uncategorized | Tags: acquisition, CEO, Jerry Yang, microsoft, yahoo |It is a significant shift for Yahoo. The CEO of Yahoo, Jerry Yang, is stepping down:
“…Yang, 40, will step down as CEO and return to his former role as “Chief Yahoo.” The company’s board said it has hired headhunter Heidrick & Struggles to find a replacement.”
link: Yahoo CEO Jerry Yang to step down
With this change at the helm of Yahoo, Microsoft may be interested again in a collaboration or an acquisition. Yahoo stocks are down and there may be a change in the ‘corporate culture’, as Jerry Yang steps down. This may be a prime opportunity to make another offer - and the stakeholders in Yahoo may welcome a Microsoft offer at this point.
Catherine Forsythe
[...] Microsoft says it is no longer interested in Yahoo. However, Jerry Yang has stepped down as the CEO of Yahoo. And Yahoo is imminently affordable to Microsoft. Wall Street is watching - advantage [...]
[...] repeatedly that it is no longer interested in Yahoo. However, there have been changes at Yahoo. Jerry Yang has stepped down as the Chief Executive Officer. The stock market has reduced the value of the Yahoo stock [...]