Yahoo CEO Semel steps down, Yang takes over
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Blog: The company names co-founder Jerry Yang to be CEO, as Terry Semel shifts to a role as nonexecutive chairman.
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Yahoo! sales leader Wenda Harris Millard has resigned amid a reorganization of Yahoo!'s sales team, the Sunnyvale, Calif., company said.
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Yahoo Inc.  is merging the two main parts of its U.S. advertising business after veteran sales executive Wenda Harris Millard resigned, the latest in a string of executive departures.
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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.
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But the market expected it! Yahoo! today reported a slight drop in quarterly profits from last year, but a figure in line with previously lowered expectations. The company's second quarter results are the first dose of earnings to arrive since co-founder Jerry Yang replaced Terry Semel as CEO.â¦
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By Miguel Helft  Farzad Nazem, Yahoo's chief technology officer and one of its longest-serving executives, said he would leave next Friday after 11 years at the company.
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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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SAN FRANCISCO -- Yahoo Inc. (YHOO) Chairman Terry Semel stepped down as chief executive in a surprise move Monday, ending his increasingly ineffectual pursuit of online search leader Google Inc.
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(InfoWorld) - The top executive at Yahoo China resigned from his job for "personal reasons" after six weeks on the job, Yahoo's local partner Alibaba.com said in a statement Monday. Xie Wen joined Yahoo China as president on Oct. 17. Alibaba did not offer details surrounding his decision to leave the company. Following his resignation, Xie will continue to serve as a consultant to Alibaba, the Chinese Internet company said. Xie is replaced by Zeng Ming, a senior vice president of Alibaba, who has been involved with strategic planning for Yahoo China since joining the company in August. Alibaba acquired Yahoo's struggling Chinese operations in 2005 as part of a deal that sawÂ Yahoo invest more than $1 billionÂ in the Chinese company, which operates e-commerce sites for business and consumers. Alibaba is in the process ofÂ turning Yahoo China into a community portal siteÂ and search engine -- a transformation that company executives say will take several years to complete.
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Yahoo Inc. thinks it's back on the right track now that co-founder Jerry Yang has replaced Terry Semel as chief executive, but analysts and investors already are wondering whether the shake-up is just a prelude to more radical measures, including a possible sale or breakup of the troubled Internet icon.
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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.  on Tuesday announced a reorganization that marks Chief Financial Officer Susan Decker as a likely successor to the current CEO and simplifies the Internet media company's structure.
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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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Yahoo Inc. Chairman Terry Semel stepped down as chief executive in a surprise move Monday, ending his increasingly ineffectual pursuit of online search leader Google Inc. &#151; a losing battle that had demoralized Yahoo's shareholders and employees.
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Terry Semel quits as the chief executive of internet search firm Yahoo and is replaced by co-founder Jerry Yang.
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Yahoo said yesterday that Wenda Harris Millard, its longtime chief sales officer, is leaving amid a reorganization of Yahoo's sales team.
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Trying to better compete with rivals Google Inc. and Microsoft Corp., Yahoo Inc.'s president announced in a staff memo Wednesday its plans to reorganize the company's leadership.