Yahoo Co-Founder Yang Now In Charge 91
Raver32 writes "Yahoo Inc. Chairman Terry Semel ended his six-year tenure as chief executive officer today and will hand over the reins to co-founder Jerry Yang in the Internet icon's latest attempt to regain investor confidence.
Semel, 64, will remain chairman in a non-executive role.
Besides naming Yang as its new CEO, Yahoo appointed Susan Decker as its president. Decker, who had been recently promoted to oversee Yahoo's advertising operations, had widely been seen as Semel's heir apparent."
Re:Lets hope they change (Score:3, Informative)
Traditionally, large corporations 'innovate' through acquisitions, licensing or they just outright steal ideas.
Example:
http://en.wikipedia.org/wiki/List_of_Google_acqui
And that list doesn't include patents or software they've licensed.
Re:What does this mean? (Score:2, Informative)
Chairmen are usually non-executive. Rather than run the company (the CEO's job) they generally chair an occasional meeting of a group of people (the board) who act in the interests of the shareholders. Duties of the board include reviewing the performance of the executive, and appointing a new executive if necessary.
Also a garibaldi is a non-bread biscuit.
Re:Lets hope they change (Score:4, Informative)
Yes and no. I worked there for five years -- while Yahoo has obviously always had the portal-side, the "we're not a search engine" bit was dropped years ago, when Inktomi [wikipedia.org] was purchased.
For the last two years at least, Search has been a major focus for the company.
-Bill
Re:Lack of innovation (Score:1, Informative)
Developer blogs with comments enabled, I imagine. Post a comment in a relevant blog describing what you're trying to do, and hopefully the developer will pass it along to the right department.