Yahoo co-founder Yang to replace Semel as CEO
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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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Terry Semel ended his six-year run as Yahoo Inc.'s chief executive officer on Monday, and the company's co-founder Jerry Yang will take over from him, the company said.
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Wall Street's applause for Yahoo's (YHOO) choice of a new chief executive didn't last long. While the shares got a boost immediately after the company said Jerry Yang would replace Terry Semel as the company's top Yahoo, the stock gave up part of those gains the following day, June 19.
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Yahoo Chairman Terry Semel ended his six-year stint as chief executive officer Monday and will hand over the reins to co-founder Jerry Yang in the Internet icon&#39;s latest attempt to regain investor confidence. Semel, 64, will remain chairmain in a non-executive role.
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Yahoo Inc  Chief Executive  Jerry Yang on Monday highlighted his vision for reinvigorating  the pioneering Web company and solidifying Yahoo's role as the  essential starting point for Web users.
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Yahoo Inc.'s Jerry Yang, newly named as chief executive, was found wanting on Wednesday by investors who sought quicker answers on how the Web media company would combat weak advertising growth.
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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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(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 has hired former ABC television executive Lloyd Braun to head its media and entertainment division, the Web portal said Tuesday.
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Semel leaves after six years.  SAN FRANCISCO  -- Yahoo Inc. Chairman Terry Semel ended his six-year tenure as CEO 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 chairman.
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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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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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Chief Executive Jerry Yang told advertising executives that Yahoo can differentiate itself by acting as an "open" alternative to rivals such as Google and Microsoft
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Jerry Yang has failed to impress in his first seven months as Yahoo CEO. If he doesn't get his act together soon, he may not last another seven months.
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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. 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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Blog: The company names co-founder Jerry Yang to be CEO, as Terry Semel shifts to a role as nonexecutive chairman.