Yahoo's Terry Semel steps down as CEO (AP) Comments

Yahoo! News: Technology News - Jun 18, '07 6:51pm
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Terry Semel, CEO and chairman of Yahoo!, Inc., heads toward a morning session, in this Thursday, July 13, 2006 file photo, at the annual Allen & Co. media conference in Sun Valley, Idaho. Semel ended his six-year tenure as chief executive officer Monday and will hand over the reins to co-founder Jerry Yang in the Internet icon's latest attempt to regain investor confidence. (AP Photo/Elaine Thompson)AP - 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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