Nov 08
21
Jerry Yang To Be Replaced
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Jerry Yang is going to stand down as CEO for Yahoo, as soon as a suitable replacement can be found. Has he finally bowed to pressure after the Microsoft mess? Personally, that’s what my gut feeling is. With Carl Icahn on the board now, who publicly stated that he would fire Jerry Yang if he won his proxy battle, nearly six months ago, has convinced some of the other members of the board that the way forward for Yahoo is without Yang. Is this the right move for Yahoo, or could it destabilise the company further?