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2008 Nov 18 3:03 pm

Yahoo CEO, Jerry Yang, Stepping Down

Jerry Yang, CEO of Yahoo, has made a post on the Yahoo Corporate Blog detailing his reasons for stepping down…

Ever since founding Yahoo! with David Filo 13 years ago, I’ve been passionate about this company, its brand, its employees, and the millions of people around the world who consider it their online home. That’s why I accepted the Board’s request to become CEO in June 2007, taking on the challenge of transforming Yahoo! at a time when the industry was evolving quickly and we needed to rethink and restructure our business.

[...]

And now I believe the time is right for us to bring in a new leader…

 

You can read the whole post here

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