Sunnyvale, Calif. -- Shares of Sunnyvale-based Yahoo fell more than 2% on Wednesday after the Internet company announced a sweeping reorganization in the face of dwindling market share. Under the plan, CFO Susan Decker will leave her post to head the company's new Advertising & Publisher Group, which will focus on increasing Yahoo's ad revenue. The promotion positions Decker as a possible future replacement for CEO Terry Semel. Two other top executives, COO Daniel Rosensweig and Yahoo Media Group chief Lloyd Braun, will leave the company. Yahoo will also overhaul its corporate structure, dividing its operations into three core groups focused on its audience, advertising network and technology.
http://biz.yahoo.com/bw/061205/20061205006257.html?.v=1
Sponsors
Listings
Notices
Recent Posts
- Thoma Bravo Completes $1.3 Billion Deal for Blue Coat Systems
- Milpitas-Based SanDisk Acquires Sunnyvale-Based FlashSoft
- Santa Clara-Based Vantage Data Centers Lands $135 Million Credit Facility
- Parthenon Capital Partners Raises $700 Million for New Fund
- Cisco Report: Mobile Data Traffic to Increase 18-Fold by 2016
- Newark-Based LUMEnergi Names Barry Weinbaum as President and CEO
- Campbell-Based AlienVault Raises Additional $2 Million
- San Jose-Based Solar Junction Raises $19.2 Million in Fourth Round
- European Commission Approves Google's $12.5 Billion Deal for Motorola
- Santa Clara-Based Hitachi Data Systems Completes Deal for Shoden
Editor: Rich Scherr
For news tips and editorial issues,
contact editor Rich Scherr at
rich@techwiremedia.com
For advertising information, contract
Parul Nath at parul@techwiremedia.com
A Service of Tech Wire Media
Archives
- February 12, 2012 - February 18, 2012
- February 5, 2012 - February 11, 2012
- January 29, 2012 - February 4, 2012
- January 22, 2012 - January 28, 2012
- January 15, 2012 - January 21, 2012
- January 8, 2012 - January 14, 2012
- January 1, 2012 - January 7, 2012
- December 18, 2011 - December 24, 2011
- December 11, 2011 - December 17, 2011
- December 4, 2011 - December 10, 2011
