Yahoo CEO Jerry Yang Steps Down
It is a significant shift for Yahoo. The CEO of Yahoo, Jerry Yang, is stepping down:
“…Yang, 40, will step down as CEO and return to his former role as “Chief Yahoo.” The company’s board said it has hired headhunter Heidrick & Struggles to find a replacement.”
link: Yahoo CEO Jerry Yang to step down
With this change at the helm of Yahoo, Microsoft may be interested again in a collaboration or an acquisition. Yahoo stocks are down and there may be a change in the ‘corporate culture’, as Jerry Yang steps down. This may be a prime opportunity to make another offer – and the stakeholders in Yahoo may welcome a Microsoft offer at this point.
Catherine Forsythe
2 Comments
Tom Lee
November 18th, 2008
at 11:33am
I think that Yahoo were stupid to turn down Microsoft’s offer before. I bet Jerry Yang wishes he had accepted given Yahoo!’s current status. You never know, Steve Ballmer might think he can pick it up for a bargain price now.
Microsoft Has Renewed Interest in Yahoo ~ DogReader
November 30th, 2008
at 3:07am
[...] repeatedly that it is no longer interested in Yahoo. However, there have been changes at Yahoo. Jerry Yang has stepped down as the Chief Executive Offices. The stock market has reduced the value of the Yahoo stock [...]