Yahoo! Boss Jerry Yang Resigns

Yahoo!, a leading digital media company, has announced that Jerry Yang has resigned from its Board of Directors and all other positions with the company, effective Tuesday, Jan. 17.

In addition, Yang resigned from the Boards of Yahoo Japan Corporation and Alibaba Group Holding Limited, effective Tuesday. In a letter to the Yahoo! Board chairman Roy Bostock, Yang wrote:

“My time at Yahoo!, from its founding to the present, has encompassed some of the most exciting and rewarding experiences of my life. However, the time has come for me to pursue other interests outside of Yahoo! As I leave the company I co-founded nearly 17 years ago, I am enthusiastic about the appointment of Scott Thompson as chief executive officer and his ability, along with the entire Yahoo! leadership team, to guide Yahoo! into an exciting and successful future.”

Yang co-founded Yahoo! Inc. in 1995 with David Filo and served as a member of the Board of Directors since March 1995 and as chief executive officer from June 2007 to January 2009. The company went public in 1996.

Photo courtesy: Yahoo!

Related posts:

Pelosi Preaches ‘Make It In America’ Plan for Jobs
Gizmos to Produce a PC-TV Talk Show
Global Water Crisis: A Threat to Humanity
Meet Tim Tebow in Time with Tebow Campaign
Shed the Weight & Share the Warmth
Hindi Film ‘Hawaa Hawaai’ to Promote HDFC Life
Was FBI Right in Blaming North Korea for Sony Hacking? No.
Pierce Brosnan Stars in Kia Super Bowl Commercial
Pulitzer Center to Discuss the Risks to Freelance Journalists
WWE Brand Campaign: For the Hero in All of Us
Custom Content Services