Yahoo CEO to Face Shareholder Backlash
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SAN FRANCISCO -- Just before Google Inc. went public nearly three years ago, Yahoo Inc. Chairman Terry Semel assured a roomful of securities analysts and money managers that his company would remain the Internet's brightest star. To punctuate his high hopes, Frank Sinatra's "The Best Is Yet to Come"...
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Jerry Yang faces pressure as he decides whether to try to rescue the company from Microsoft, or accept its bid to purchase Yahoo.
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Yahoo Inc.  on Monday  tapped co-founder Jerry Yang to replace Chief Executive Terry  Semel, bowing to investor pressure as the Internet media  company has failed to keep up with rival Google Inc. .
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SANTA CLARA, California  - Yahoo Inc.  shareholders voted down proposals to tie executive pay to competitive performance and challenge the company's human rights policies in China at their annual meeting on Tuesday.
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SAN JOSE, Calif. _ Yahoo Inc. announced Monday that it has replaced Chief Executive Terry Semel with co-founder Jerry Yang, a week after shareholders expressed strong dissatisfaction with Semel's performance and pay.
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Yahoo Inc.  on Tuesday announced a reorganization that marks Chief Financial Officer Susan Decker as a potential successor as CEO and simplifies its structure as it battles faster-growing rival Google.
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In a surprise move, Yahoo's board announces co-founder Jerry Yang will replace Terry Semel as CEO of the company. Semel will stay on as non-executive chairman, and former CFO Susan Decker will become president of the company.
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Lloyd Braun, ousted last year as the chairman of ABC Entertainment, will become head of entertainment and media content for Yahoo, the company announced yesterday.
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Yahoo Inc insiders are mulling ties to rival Google Inc as a possible defense to rebuff Microsoft Corp's takeover bid, a person familiar with Yahoo management's thinking said on Sunday.
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U.S. CEO pay packages will come under greater fire at annual meetings in the next few months as more than 90 U.S. corporations face resolutions from stockholders battered by the credit crunch and economic slowdown.
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Following investor pressure for a  management shake-up, Yahoo Inc.  Chairman and Chief  Executive Terry Semel is stepping aside and will be replaced as  CEO by co-founder Jerry Yang, Yahoo said on Monday, sending  shares up 3.5 percent in extended trade.
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Yahoo Inc's  Jerry Yang will  seek on Monday to demonstrate in his first major speech since  taking over as chief executive in June the inroads the company  is making putting Web services on mobile phones.
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The ouster of the president of the California Public Employees&#39; Retirement System comes amid a growing backlash against corporate reform, but shareholder advocates expect the move to have little direct effect on the corporate governance movement.
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Yahoo Inc's board of directors is to meet on Friday to discuss Microsoft Corp's $44.6 billion buyout offer, the TechCrunch blog said, citing unnamed sources.
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Yahoo Inc's   second-biggest shareholder urged Microsoft Corp  to  raise its $42 billion bid for the Web pioneer and warned Yahoo  it has few options other than to accept, raising pressure for  them to seal a deal.
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Now that Microsoft has said it wonât raise its bid for Yahoo and is moving to take the matter to shareholders, it is time for Yahoo to say what it plans to do next.
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If Yahoo rejects the Microsoft bid and finagles a deal with Google, it could open itself up to a slew of shareholder lawsuits, experts say.