The biggest search Yahoo is working on involves finding a new CEO.
Eighteen months after returning to the helm of the company he co-founded in 1994, Jerry Yang will step down as chief executive when a replacement is found, the company said. Yang will resume his position as chief Yahoo, the role he had before taking over in 2007 after former CEO Terry Semel departed.
Yahoo has been struggling for months to improve its financial performance, but things have gone from bad to worse for the company this year, and its stock has sunk to less than $10. First, the … Read more