Yahoo reorganizing, CFO Decker gets key role
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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's $350 million purchase shows commitment to communications services as  company redefines its place in the market, says exec.
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In a move that has implications for ad targeting and reporting, Yahoo! has hired Usama Fayyad, a co-founder of the company now known as Revenue Science, to the newly-created position of Chief Data Officer.
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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 cofounder Jerry Yang, Yahoo said yesterday.
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It's very clear now that one of Yahoo's principal goals in this latest reorganization, led by once-and-future CEO Jerry Yang and newly elevated President Susan Decker, is to distinguish itself from Google rather than catch up to it.
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Terry Semel is stepping aside as Yahoo CEO, with co-founder Jerry Yang set to take over the helm.
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By Michael Liedtke  Yahoo Inc. is tackling its most difficult challenge since the dot- com bust with sweeping organizational changes aimed at cleaning up a mess of the Internet icon's own making.
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Yahoo Inc. YHOO.O Chief Financial   Officer Sue Decker said on Tuesday the company expects to   deliver third-quarter results "at the bottom half of the range   of financials" previously forecast.
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Online giant Yahoo Inc. has hired a former ABC television programmer to head its media and entertainment division. Lloyd Braun, who was behind shows such as ``The Sopranos&#39;&#39; on HBO and ``Lost
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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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Yahoo's top sales executive is on his way out, and a new global sales organization has been created.
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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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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 has promoted David Karnstedt to head of North American sales, continuing a company restructuring that began in December 2006.
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Microsoft Corp  announced a  management shake-up at its loss-making online division on  Thursday, thrusting an outsider into a prominent position ahead  of a proposed merger with Yahoo 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.