Yahoo's Semel Ousted as CEO

Embattled Yahoo CEO and Chairman Terry Semel has been replaced as CEO by Yahoo founder Jerry Yang. Susan Decker has been named Yahoo's president. The board of directors has replaced Semel, leaving him as non-executive chairman of the board.

ClickZ has more details on the story, and paidContent has notes on Yahoo conference call announcing the changes.

Got any comments on the move, or ideas for changes Yang should make? Share them in the SEW Forums.

About the author

Kevin Newcomb joined ClickZ in August 2004, covering search marketing and other online marketing topics. He has been reporting on web-based businesses since 2000.

Before the bubble burst, Kevin was a marketing manager for an online computer reseller, handling copywriting, e-mail marketing, search marketing and running the affiliate program.

With a combination of real-world marketing experience and years of business journalism, Kevin brings to ClickZ a unique ability to deliver news and training materials that help online marketers do their jobs better.