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Yang’s fairwell Yahoo Yodel

p2pnet news view | Advertising:- Read soon-to-be-ex-Yahoo CEO Jerry Yang’s Yahoo yodel, you’d think it’s all been peaches and cream, lately.

But in fact, what with serious human rights problems in China where Yahoo was directly implicated in the long-term jailing of cyber-dissidents, and hostile takeover attempts by Microsoft, things have been a little tense.

Now, “As you’ve no doubt already read, I’ve decided that I will step down from my role as Chief Executive Officer after my successor has been selected,” Yang blogs today, going on »»»

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 despite the tough external environment that we face, I truly believe we’ve made tangible progress in bringing our strategic vision to life. Most significantly, we’ve rewired our entire network to create a Yahoo! that has opened its doors to outside publishers and developers. We’ve launched an advertising platform that we think will transform how ads are bought and sold online. And we’ve continued to grow our audience – standing first or second in more than 20 product categories and demonstrating that Yahoo! is the place users turn for major events like the Olympics and the Elections.

And now I believe the time is right for us to bring in a new leader – someone who will build on the important pillars we’ve put in place and who will take the reins on the critical decisions our company faces.

What’s up next for Yang?

He says he’ll go back to being Chief Yahoo and a board member once his successor is named.

And he’ll, “always bleed purple”.

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step down – Yahoo`s Jerry Yang quits, November 18, 2008


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