Yahoo Hires Former ABC TV Honcho
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Yahoo Inc. has hired another entertainment executive to help in its battle against Microsoft Corp., America Online Inc. and others in the highly competitive Internet-portal market.
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NEW YORK, Feb. 7  /PRNewswire/ -- ABC Radio Networks has announced John Rosso will take on the additional role of heading up its rapidly expanding Digital Media division.  As Sr.
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Yahoo Inc. said on Friday that it will offer BBC News video on its news site through an agreement with ABC News.
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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. said head of sales Gregory Coleman is leaving the company, the latest casualty of a management shakeup following three years of slowing revenue growth and market share losses to Google Inc.
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Yahoo Inc confirmed on Friday that Chief Marketing Officer Cammie Dunaway, a member of the Internet media company's executive team, was leaving the company, effective November 2.
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YAHOO co-founder Jerry Yang today took over as chief executive following the ousting of Terry Semel.   Semel quit last night after attracting increasing investor wrath as Yahoo lags behind arch-rival Google by almost all measures.
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On the eve of Microsoft's $44 billion bid for Yahoo, former Yahoo CEO Terry Semel announced his resignation from the Yahoo board of directors. Semel presided over a multiyear decline in Yahoo's market share, while collecting nearly half a billion dollars in compensation.
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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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Yahoo said Sunday that Wenda Harris Millard, its longtime chief sales officer, is leaving amid a reorganization of Yahooâs sales team.
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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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Yahoo Inc. Chairman Terry Semel ended his six-year tenure as chief executive officer Monday and will hand over the reins to co-founder Jerry Yang in the Internet icon's latest attempt to regain investor confidence. Semel, 64, will remain chairmain in a non-executive role.
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Yahoo! Inc., owner of the world&#39;s second- most-used Internet search engine, hired former ABC television network Chairman Lloyd Braun as head of media and entertainment.
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(InfoWorld) - One week after Yahoo Inc. named co-founder Jerry Yang as CEO, the company promoted David Karnstedt to head of North American sales, continuing a company restructuring that began in December 2006. Yahoo also announced plans to merge its search and display advertising units. In December, the company reorganized into three divisions: the Audience Group, the Advertiser & Publisher Group, and the Technology Group, the heads of which all report to the CEO. With Karnstedt's appointment as head of North American sales, U.S. Chief Sales Officer Wenda Millard will leave the company immediately, Yahoo said. Keeping up with Yahoo's executive arrivals and departures since the December shakeup requires a scorecard. Upon announcement of the three new corporate divisions in December, the company announced Chief Operations Officer Dan Rosenzweig would move on, departing in March. Also in December, former Chief Financial Officer Susan Decker became head of the Advertiser & Publisher Group, before being named president of Yahoo last week. Decker will continue to oversee that group, and will also have the Audience Group in her portfolio. The Technology Group was headed by Chief Technology Officer Farzad Nazem until he left the company June 8. Yahoo's other co-founder, David Filo, will lead the Technology Group until Nazem's replacement is named. Former CEOÂ Terry Semel stepped down last week to make way for Yang, but will remain with Yahoo as non-executive chairman.
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Susan L. Decker, Yahooâs new president, is reorganizing the companyâs management ranks with a new division responsible for generating the bulk of the companyâs revenue.
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Yahoo Inc. on Monday replaced Chief Executive Terry Semel with its co-founder Jerry Yang, bowing to investor pressure as the Internet media company has fallen behind Web search leader Google Inc..
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Terry Semel is stepping down as Yahoo&#39;s non-executive chairman, six months after handing over his CEO title to Jerry Yang.Semel is leaving the board effective immediately, Yahoo announced Thursday. He will be replaced as non-executive chairman by another board member, Roy Bostock, the company said.Semel was chairman and CEO of Yahoo for six years until he was replaced in a management shuffle last June. Yang, one of Yahoo&#39;s co-founders, was made CEO, and Semel was demoted to non-executive chairman.As CEO, Semel helped to build Yahoo&#39;s audience from 170 million to more than 500 million users. But he was also blamed for missteps that allowed Google to build a commanding lead in online search and advertising, prompting last year&#39;s reorganization.&quot;With the Company moving forward under new leadership, I believe this is an appropriate time for me to step down from the board,&quot; Semel said in the statement.He approached the board several months ago about leaving once a replacement could be found, Yahoo said.Bostock has a long history in the advertising industry, &quot;an area that is more important than ever to Yahoo&#39;s business and our long term success,&quot; the company said.On Tuesday&#160;Yahoo reported that net income for its fourth quarter declined&#160;to $206 million, from $269 million a year earlier. It also announced plans to lay off about 1,000 staff.Semel&#39;s departure from the board appears to mark the end of his tenure at Yahoo. Yang thanked him for &quot;his many contributions to Yahoo over the years&#160;-- and for helping to lay a firm foundation for future success and improved financial performance.&#8221;Bostock has been a board member at Yahoo since May 2003 and was elected unanimously by the board to replace Semel. From 1990 to 2000 he was chairman and CEO of D&#39;Arcy Masius Benton &amp; Bowles, and its successor advertising company The MacManus Group.