Yahoo's Terry Semel Steps Down As CEO
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SAN FRANCISCO -- Yahoo Inc. Chairman Terry Semel stepped down as chief executive in a surprise move Monday, ending his increasingly ineffectual pursuit of online search leader Google Inc. _ a losing battle that had demoralized Yahoo's shareholders and employees.
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Yahoo Inc.  on Tuesday announced a reorganization that marks Chief Financial Officer Susan Decker as a potential successor to the CEO and simplifies its structure as it battles faster-growing rival Google.
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SAN JOSE, Calif. _ Yahoo Inc. announced Monday that it has replaced Chief Executive Terry Semel with co-founder Jerry Yang, a week after shareholders expressed strong dissatisfaction with Semel's performance and pay.
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Following investor pressure for a management shake-up, Yahoo Inc. Chairman and Chief Executive Terry Semel is stepping aside and will be replaced as CEO by co-founder Jerry Yang, Yahoo said on Monday, sending shares up 3.5 percent in extended trade.
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The retailer's CEO steps down amid a shakeup in operations.
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Yahoo will reorganize into three new units, as part of a shake-up that will see Chief Operating Officer Dan Rosensweig leave the company, Yahoo said Tuesday.
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SAN FRANCISCO  --  Yahoo Inc. said Sunday its chief domestic sales officer resigned and that the company will merge its U.S. search and display advertising departments as the Internet powerhouse fights to catch up with search leader Google Inc.
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Yahoo Inc confirmed on Friday  that Chief Marketing Officer Cammie Dunaway, a member of the  Internet media company's executive team, was leaving the  company, effective November 2.
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Yahoo Inc. said on Sunday the Internet media company was merging the two main parts of its U.S. advertising business under one sales executive, David Karnstedt, and that veteran advertising sales executive Wenda Harris-Millard has left the company.
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By Michael Liedtke, Associated Press  SAN FRANCISCO -- Just before Google Inc. went public nearly three years ago, Yahoo Inc. Chairman Terry Semel assured a roomful of securities analysts and money managers that his company would remain the Internet's brightest star.
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Yahoo has hired former ABC television executive Lloyd Braun to head its media and entertainment division, the Web portal said Tuesday.
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Terry S. Semel, Yahooâs chief executive, is facing mounting questions about internal morale problems.
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Yahoo Inc  nonexecutive Chairman Terry Semel is leaving the board, the Internet company said on Thursday, announcing the end of its formal ties with the ex-CEO credited with reviving the company and then losing touch.
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Terry Semel is leaving his post as Yahoo's non-executive chairman, six months after resigning as CEO.
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By MICHAEL LIEDTKE SAN FRANCISCO - Just before Google Inc. went public nearly three years ago, Yahoo Inc. Chairman Terry Semel assured a roomful of securities analysts and money managers that his company would remain the Internet's brightest star.
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Wall Street's applause for Yahoo's (YHOO) choice of a new chief executive didn't last long. While the shares got a boost immediately after the company said Jerry Yang would replace Terry Semel as the company's top Yahoo, the stock gave up part of those gains the following day, June 19.
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Terry Semel quits as the chief executive of internet search firm Yahoo and is replaced by co-founder Jerry Yang.