Posts Tagged with ‘resignation’

Yahoo! CEO Terry Semel announced he is stepping down and that Co-founder Jerry Yang will be assuming the every day duties of chief executive. Yahoo! has faced some tough times over the last couple of years and the company's investors have become increasingly restless as Yahoo!'s growth has continued to slow. Shares of Yahoo! have faltered this year from $43 a share to less than $30. Yahoo!'s battle with Google over a share in the market has not been a [...]