Monday, June 18, 2007

UPDATE 4-Yahoo co-founder Yang to replace Semel as CEO

(Reuters) - SAN FRANCISCO, June 18 - Yahoo Inc. on
Monday tapped co-founder Jerry Yang to replace Chief Executive
Terry Semel, bowing to investor pressure as the Internet media
company has failed to keep up with rival Google Inc. .




Semel will take the role of the board's nonexecutive
chairman, and the company named Susan Decker, its former chief
financial officer, as president. She will head up the
advertising and media business operations.


Read more at Reuters.com Mergers News

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