SEO News
Hollywood Movie

Did Yahoo President Sue Decker See New CEO As Snub?

by , Comments

Despite the suggestion by ValleyWag, that incoming Yahoo CEO Carol Bartz's first job would be to fire President Sue Decker, seems Decker beat her to the punch by announcing her resignation.

Decker has overseen many of the few innovations and major changes at Yahoo during the past few years - as Terry Semel stood down to give Jerry Yang the CEO spot and their stock fell from the 30s to below 10. But, ValleyWag reports Decker was ambitious and "engineered a reorganization that drove out her chief rival, COO Dan Rosensweig, and then led a palace coup to drive out Hollywood movie mogul Terry Semel as CEO."

People had thought Decker was a major contender for the CEO spot and when another female from outside the company was named Decker had to leave.

Meanwhile, Chairman of the Board Roy Bostock stated "“The Board thanks Sue for her service as President, the important contributions she has made to Yahoo!'s development in a variety of roles over the past 8-1/2 years, and her willingness to work with Carol Bartz to ensure a smooth transition. We respect her decision to move on to other challenges and wish her only the best.”

The news of the new CEO and Decker leaving did little to impact the Yahoo stock price today.

ClickZ Live New York What's New for 2015?
You spoke, we listened! ClickZ Live New York (Mar 30-Apr 1) is back with a brand new streamlined agenda. Don't miss the latest digital marketing tips, tricks and tools that will make you re-think your strategy and revolutionize your marketing campaigns. Super Saver Rates are available now. Register today!

Recommend this story

comments powered by Disqus