Monday, November 17, 2008

Yang steps aside From Yahoo

Jerry Yang's troubled tenure as chief executive of Yahoo Inc. ended Monday, when the Internet giant announced that he will step aside and that its board of directors is seeking a replacement.

The 40-year-old Yang's departure comes after a troubled 17 months in which he presided over the Internet giant he co-founded, a period marked by failed mergers and partnerships, and a plunging stock price.

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