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When Will Yahoo announce a new CEO after Yang?
gorglump ( Score Rank: #225 based on predictions in the last 30 days ) gorglump  |  closed on 01-Jan-2009 (324 days ago)
Jerry Yang's troubled tenure as chief executive of Yahoo Inc. ended Monday, when the Internet giant announced that he will step aside and that its board of directors is seeking a replacement. Yahoo said Yang will remain as CEO until his successor is named. He will also remain as a Yahoo board member after the new CEO is hired, and will resume his previous, relatively undefined role as "Chief Yahoo," the company said.

Yang fell victim to the recent onset of the economic crisis, which has directly impacted demand for the sort of online display advertising that Yahoo specializes in. Last month, Yahoo reported a sharply reduced third-quarter profit, and said it would be cutting at least 10% of its employees.

When will Yahoo announces a new CEO?
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Comments (3)
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  1. black-shoulder black-shoulder 367 days ago
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    predicted: [ Most Likely ] [ 55% ] in 2009 or later
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    This is a strange timing for the resignation... we are basically a month away from the Christmas period where everything just sort of comes to a halt. For a big corporation like Yahoo, finding a CEO is such a numerous task. I don't see it happening before the end of 2008.
    1. freeman freeman 366 days ago
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      Totally agree. No one does anything big before Christmas.
       
  2. MasterMind MasterMind 367 days ago
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    predicted: [ Most Likely ] [ 46% ] Dec 2008
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    The sooner the better.
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