Yahooâs New President Oversees a Shake-Up
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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 will reorganize into three new units, as part of a shake-up that will see Chief Operating Officer Dan Rosensweig leave the company, Yahoo said Tuesday.
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Now that he has taken over as chief executive officer of the company he co-founded, Jerry Yang has plenty of problems to fix. The new CEO of Yahoo! (YHOO) isn't going to find any quick Google-(GOOG)slayer.
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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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Yahoo hired Hilary Schneider, a former Knight Ridder executive to oversee the companyÂs classifieds, travel and shopping sites.
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Struggling Internet giant Yahoo brought back co-founder Jerry Yang as chief executive Monday to replace Terry Semel as the company girds up to fight back the Google juggernaut.
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Yahoo's announcement Thursday that it had created a new position called "Chief Compliance and Ethics Officer" is raising eyebrows, and some are speculating that it may have something to do with the criticism it received about its cooperation with the Chinese government
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Up against a slew of challenges -- including deteriorating market share, a slumping share price and an impending recession -- it may be a matter of time before Yahoo CEO Jerry Yang hands over the reins to company President Susan Decker.
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Terry S. Semel, Yahooâs chief executive, is facing mounting questions about internal morale problems.
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Vince Broady, a senior vice president in Yahoo's media group, is the latest executive to leave the company as his duties are scaled back.
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The new CEO may want to shed non-strategic parts of the business.
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Microsoft announced a management shake-up at its loss-making online division, thrusting an outsider into a prominent position ahead of a proposed merger with Yahoo.
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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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The former ABC executive, who was ousted in a management shakeup at the network in April, has been appointed to oversee Yahoo&#39;s media and entertainment properties.
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YAHOO chief Terry Semel has been put on notice by shareholders that he must improve his performance if he wants to keep the lucrative job.
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Internet search giant Yahoo has announced a major shake-up of its business aimed at increasing advertising revenue, a strategic response to gains by rival Google.
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Just days after Yahoo! (YHOO ) launched the biggest makeover of its Web site in two years, one of its founders has said that&#39;s only the beginning.