Wednesday, December 6, 2006

Yahoo: another comeback?

Terry Semel is trying to get Yahoo back on track:
  • Terry Semel promoted Chief Financial Officer Susan Decker to a new job overseeing advertising sales.
  • Chief Operating Officer Dan Rosensweig will leave the company.
  • Lloyd Braun, the former ABC television executive who ran Yahoo's media sites, also resigned.

The shake up is because of this:

  • Yahoo's sales grew at the slowest pace in more than four years last quarter.
  • the stock has plunged by almost a third this year.

Guess, who will be the next to leave?

2 comments:

Antonio said...

That's what we can call the Google suction effect...

Anonymous said...

Google will not explain everything.