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.

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