Yahoo CEO Jerry Yang Stepping Down

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So , it is official. Yahoo! stock holders in addition to board memebers alike are jumping for joy equally Jerry Yang has confirmed he volition pace downwards equally Yahoo's CEO i time a 'suitable' replacement is found.

Jerry Yang volition live working alongside Chairman Roy Bostock in addition to alongside the independent directors to uncovering a successor for the CEO role.

You tin dismiss read his companionship broad missive of the alphabet notifying Yahoo! employees of his departure.

To: all yahoos Fr: Jerry Subject: update

yahoos -

i wanted to address all of you lot on the tidings we’ve simply announced. the board of directors in addition to I stimulate got agreed to initiate a succession procedure for the ceo piece of occupation of yahoo!. roy bostock , our chairman of the board , is leading the try to pose in addition to assess potential candidates for consideration past times the total board. the board volition live evaluating in addition to considering both internal in addition to external candidates in addition to has retained heidrick in addition to struggles to attention inwards this effort.

i volition live participating inwards the search for my successor , in addition to i volition proceed equally ceo until the board selects a novel ceo. i time a successor is named , i volition provide to my previous piece of occupation equally original yahoo in addition to proceed to serve equally a managing director on the board.

last june , i accepted the board’s asking that i assume the ceo piece of occupation to restructure in addition to reposition the companionship equally a whole inwards guild to to a greater extent than effectively run across the fast-changing needs of both users in addition to partners. since taking on the ceo piece of occupation , i stimulate got had an ongoing dialogue alongside the board almost succession timing. thanks inwards large stair out to your tireless efforts , nosotros stimulate got created a to a greater extent than opened upwardly , competitive yahoo! in addition to nosotros believe the fourth dimension is directly correct to transition to a novel ceo who tin dismiss convey the companionship to the side past times side level.

despite the external surroundings nosotros aspect upwardly , the fact remains that yahoo! is directly a significantly dissimilar companionship that is stronger inwards many ways than it was simply eighteen months ago. this solely makes it all the to a greater extent than essential that nosotros care this chance to leverage the progress upwardly to this betoken equally effectively equally possible. i strongly believe that having transformed our platform in addition to amend aligned costs in addition to revenues , nosotros stimulate got a unique window for the correct ceo to convey ownership over the side past times side moving ridge of mission-critical decisions facing the company.

all of you lot know that I stimulate got ever , in addition to volition ever bleed purple. i volition ever exercise what I intend is correct for this peachy company. spell this pace volition live an adjustment for all of us , i know it’s the correct one. i hold off forrad to updating you lot on this procedure equally before long equally the board has developments to portion , in addition to volition proceed to exercise everything i tin dismiss to brand yahoo! fulfill its total potential.

thank you lot , jerry

So , what are your thoughts? Will the Microsoft/Yahoo talks foremost circular 3? or was it 4? or hold off , was it upwardly to v now?