|As we have been monitoring over the past few months, the fate of Yahoo (YHOO) CEO Terry Semel was decided today as he has stepped down as as Yahoo's CEO. He will be replaced by one of Yahoo's founders, Jerry Yang.
As recent as last week when Yahoo held their annual shareholder's meeting, pressure was being placed on Mr. Semel as to whether he was still focused on making Yahoo success. For more on Terry Semel's departure from Yahoo check out the following resources:
Labels: Terry Semel, yahoo