Yahoo's Semel Resigns as Chief Amid Google's Gains (Update2)

Yahoo's Semel Resigns as Chief Amid Google's Gains (Update2)

Yahoo's Semel Resigns as Chief Amid Google's Gains (Update2)

By Jonathan Thaw

June 18 (Bloomberg) -- Yahoo! Inc. Chief Executive Officer Terry Semel, who revived the company after the Internet bust before being surpassed by Google Inc., stepped down.

The stock gained 4 percent after Yahoo named co-founder Jerry Yang its CEO and said Susan Decker, who had been an executive vice president, will become president. Semel, 64, will be chairman, Yahoo said in a statement today.

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This is expected, when I covering my opinion about the flickr censorship & No action from Terry Semel.

In the field of Business & eBusiness & eCommerce, there is no difference in priciple actually.

"Customers" is still the key for the success. It is unwise to get into both the company & the national political issues.

They should work things on the professional & ethical level.