So apparently the recent shareholder meeting didn't go so well...
Yahoo Chief Executive Terry Semel is stepping down, and co-founder Jerry Yang will become the new chief executive, the company announced Monday. Semel will assume the position of nonexecutive chairman and serve as an adviser to the management team and board of directors. Sue Decker, former chief financial officer and head of the advertiser group, has been named president.
Yahoo CEO Semel steps down, Yang takes over | Tech news blog - CNET News.com
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