BREAKING: Yahoo CEO Jerry Yang Out
AllThingsD has confirmed that Yahoo CEO Jerry Yang will be stepping down from his post, ending months of speculation and calls for his resignation, effective as soon as the company finds a replacement.
From the release:
“Yahoo! Inc. today announced that its Board of Directors has initiated a search for a new Chief Executive Officer. Jerry Yang, co-Founder of Yahoo!, has decided to return to his former role as Chief Yahoo! upon the appointment of his successor as CEO, and he will also continue to serve on the Board.
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