| | Jerry Yang the current CEO and one of the original founders will be leaving the CEO post soon and returning to the position of “Chief Yahoo” (http://tech.slashdot.org/tech/08/11/18/0151242.shtml). Many are speculating that pressure from the Microsoft take-over offer a few months ago has led Yang to step down from his current position. Several stock holds expressed anger when the Microsoft proposal was not accepted. The search for a new CEO should take several months and there might even be an announcement sometime in January (http://money.cnn.com/news/newsfeeds/articles/djf500/200811181727DOWJONESDJONLINE000659_FORTUNE5.htm) (http://money.cnn.com/2008/11/18/technology/yahoo_ceo.fortune/?postversion=2008111816). |
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