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Yahoo’s dethroned chief executive leaves board of directors

January 31, 2008

Yahoo Chairman and Chief Executive Officer Terry Semel at Yahoo headquarters in Sunnyvale, Califorina, in 2007. Semel left the struggling Internet firm's board of directors on Thursday. Semel's departure comes just two days after Yahoo revealed plans to lay off 1,000 employees as part of an effort to revitalize a company that analysts say strayed from its profitable strengths while Semel was at the helm.(AFP/File/Tony Avelar)AFP - Dethroned Yahoo chief executive Terry Semel left the struggling Internet firm’s board of directors on Thursday.

Written by Yahoo! News: Internet News · Filed Under Internet 

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