Hello, I am Serge Thibodeau and I am a search engine optimization expert. My company is Rank for $ales and this is my personal search engine blog. This is where I give my personal comments, some general observations I make about the search industry as a whole, interesting SEO articles and topics that will interest anybody that owns a website and wants it to rank higher in the major search engines. This blog is updated daily and is said to be addictive. Welcome to Serge Thibodeau, Live.

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1438 - Nov. 18, 2008 - 8.42 AM EST

Yahoo CEO Jerry Yang booted out, finally!

WOW! It's about time... Don't know what took them so long...

Yahoo co-founder and current CEO Jerry Yang has been asked to leave, ending a very bumpy tenure marked by his outright refusal to sell the search company to Microsoft for $47.5 billion -- more than triple Yahoo's current market value.

Shareholders have had enough and Yang has been shown the door.

"Jerry and the executive board have had an ongoing dialogue about succession timing, and we all agree that now is the best time to make the transition to a new CEO who can take the company to the next level," said Roy Bostock, Yahoo's current Chairman.

The change in command at Yahoo won't be completed until the company finds a replacement for Yang. The Sunnyvale, Calif.-based search company said it is interviewing candidates inside and outside Yahoo in a search led by its chairman, Roy Bostock, and the executive recruitment firm Heidrick & Struggles.

Sue Decker, Yahoo's president, is expected to be among the candidates to succeed Yang, although she has also been an integral part of the management team that has exasperated the company's shareholders almost as much as Yang did.

Yang will revert to "Chief Yahoo," a mere symbolic role he filled before replacing former movie studio boss Terry Semel as CEO in June of last year. He will also remain on Yahoo's board of directors.

"I will continue to focus on global strategy and to do everything I can to help Yahoo realize its full potential and enhance its leading culture of technology and product excellence and innovation," Yang said in a statement. More here...

Posted on Businessblog™





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