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:

Disney TRON: Legacy for Home Entertainment
How to Make Your Own Games with GameSalad
How Twitter Gets More Exposure for Web Pages
People Plan to Buy an Artificial Christmas Tree
Porsche to Premiere New Cayenne SUV
“Nevada: A World Within. A State Apart”
Lady Gaga's artRave: The ARTPOP Ball
Why ISIS Terrorists Burnt Jordanian Pilot Alive
New Delhi: The Case of a Neglected City
Why Is Barack Obama Silent on Kashmir Issue?
Custom Content Services