News

Yahoo Replaces CEO Terry Semel

Yahoo Inc. Chairman Terry 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.

Semel, 64, will remain chairmain in a non-executive role.

Besides naming Yang as its new CEO, Yahoo appointed Susan Decker as its president. Decker, who had been recently promoted to oversee Yahoo's advertising operations, had widely been seen as Semel's heir apparent.

The Sunnyvale-based company announced the shake-up less than a week after Semel faced off with shareholders disillusioned with Yahoo's lackluster performance during the 18 months and with Semel's compensation. Semel ranked No. 1 on The Associated Press' survey of 2006 executive compensation with $71.7 million, based on the AP formula for calculating executive pay.

Featured

  • Hands-On AI Skills Now Outshine Certs in Salary Stakes

    For AI-related roles, employers are prioritizing verifiable, hands-on abilities over framed certificates -- and they're paying a premium for it.

  • Roadblocks in Enterprise AI: Data and Skills Shortfalls Could Cost Millions

    Businesses risk losing up to $87 million a year if they fail to catch up with AI innovation, according to the Couchbase FY 2026 CIO AI Survey released this month.

  • Microsoft Cuts Windows 11 Recovery Time with New Update

    Microsoft has introduced two key enhancements to Windows 11 aimed at minimizing downtime and streamlining error resolution.

  • Microsoft Offers Support Extensions for Exchange 2016 and 2019

    Microsoft has introduced a paid Extended Security Update (ESU) program for on-premises Exchange Server 2016 and 2019, offering a crucial safety cushion as both versions near their Oct. 14, 2025 end-of-support date.