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Yahoo’s Peter (Chernin) Principle — And Other CEO Choices

Kara Swisher in News on November 18, 2008 at 12:12 am PT

Obviously, the dream CEO for Yahoo is News Corp. President and COO Peter Chernin. And, no surprise, he is the No. 1 choice of most inside and outside Yahoo in the wake of the news late yesterday that its current CEO and co-founder Jerry Yang is stepping down. Well, Yahoo would certainly be a challenge for Chernin, in terms of a corporate cleanup challenge, especially compared to figuring out how to make bank on plush toys from “The Simpsons.” But there are many other contenders for the job, despite the slog it could be. Here’s BoomTown’s list …

Yahoo's Jerry Yang to Step Down, as a Search for New CEO Commences

Kara Swisher in News on November 17, 2008 at 4:50 pm PT

Yahoo CEO Jerry Yang will step down from his job as CEO, said sources close to the company, as soon as the board finds a replacement for him, in what sources close to the situation call a joint decision by him and the directors. Yahoo will announce the move later today. [UPDATED: Yahoo has since confirmed the move.] Yahoo has hired Heidrick & Struggles, the well-known executive search firm, to vet candidates, both internally and externally, to take over the top spot at the troubled Internet giant. Sources said it is unlikely current Yahoo President Sue Decker will get the job, which is more likely to go to an outsider. Some BoomTown choices: News Corp. COO Peter Chernin, former eBay CEO Meg Whitman or former Yahoo COO Dan Rosensweig.

Colonel Icahn With the Lead Pipe in the Yahoo Lounge

John Paczkowski in News on July 7, 2008 at 7:18 am PT

So that “record” that “casts doubt on whether Microsoft was ever committed to a whole company acquisition” of Yahoo? Entirely a product of Yahoo’s imagination, apparently. Because in a statement issued this morning, Microsoft said that it is open to discussing a “major transaction” with Yahoo–if the company sacks CEO Jerry Yang and replaces its board of directors at its annual meeting next month.