In a shift that is sure to be much commented on by the advertising industry, Yahoo has tapped Goodby, Silverstein & Partners to take the lead for creative, advertising, digital marketing and strategic planning efforts.

The San Francisco-based Goodby, which is owned by the Omnicom Group (OMC), is known for its innovative ideas and has done such memorable campaigns as the Slowsky turtles for Comcast (CMCSA), the weird folk of Emerald Nuts, owned by Diamond Foods (DMND)–as well as campaigns for tech companies such as Hewlett-Packard (HPQ), Adobe Systems (ADBE) and Netflix (NFLX).

Also, of course, the terrifically memorable “Got Milk?” campaign.

Perhaps a “Got Yahoo?” campaign is in the future?

Until now, the top job of goosing Yahoo’s tarnished brand, as part of a recently launched $100 million marketing push, has been helmed by Ogilvy & Mather, a unit of the WPP Group (WPPGY).

While Goodby will lead on creative initiatives worldwide, Ogilvy will remain in the mix, Integrated Marketing and Brand Management SVP Penny Baldwin told BoomTown in an interview this afternoon, focusing on international marketing efforts, including all upcoming brand launches in France, Taiwan, Hong Kong, Korea, Brazil and Indonesia.

And, via it Neo and Mindshare units, Yahoo said, Ogilvy will also run all media buying for the Internet giant globally.

Yahoo (YHOO) is also keeping strategic branding firm Landor & Associates.

Goodby, Ogilvy and Landor will apparently form a Brand Advisory Board at Yahoo, run by Baldwin.

Baldwin stressed that the move was a broadening of its outside marketing advisers and was not a replacement of Ogilvy, or any indication that the current new marketing campaign needed to change.

She said internal reports on the effectiveness of the overall big theme, “It’s Y!ou,” launched last month, have been strong.

Nonetheless, Baldwin added that the new agency is sure to bring more ideas to the mix in the massive effort, which has included television, print, outdoor and online ads.

And, she noted, the location of Goodby’s HQ in San Francisco, not far from Yahoo’s Sunnyvale digs, was also a plus.

“Goodby has the caliber to serve worldwide needs,” said Baldwin. “And with the way the Web moves so fast, we thought it was also important to have deep resources locally.”

Up next, she added: to “root our brand strategy with more hard-hitting” messages about Yahoo.

“This is far more than just an advertising effort,” said Baldwin of Yahoo’s efforts to revitalize itself in the eyes of consumers–and, while she did not say so, to the digerati of Silicon Valley. “This is a business transformation.”

Here is Baldwin’s boss, Yahoo CMO Elisa Steele talking about the company’s marketing efforts of late in a video interview with Nicki Dugan on the company’s Yodel Anecdotal blog in a new feature called Yodelcast (sorry, Nicki, but it is simply too professional and unjiggly for BoomTown’s seal of approval):

And here are two examples of Goodby’s creatives–Comcast’s Slowskys and Robert Goulet for Emerald Nuts:

Last week, BoomTown posted a detailed piece on Yahoo’s plans for a massive rebranding and marketing push, which included the hiring of outside consultant Penny Baldwin (pictured here), who was a former top exec at Young & Rubicam.

And, yesterday, Baldwin became an official Yahoo exec, as SVP of global integrated marketing and brand management.

Baldwin, said Yahoo (YHOO), “will lead the company’s global brand efforts, and is responsible for developing and executing Yahoo!’s brand marketing approach including brand management, corporate messaging, integrated marketing and advertising.”

Said Baldwin in a statement, signaling that Yahoo is poised for an important brand makeover: “This is a seminal moment for the Yahoo! brand and for the business overall.”

While the company said Baldwin’s was a newly created position, it is not hugely different from the job that was held by Allen Olivo, who was SVP of global brand marketing until he recently left Yahoo.

Yahoo had previously described his job as “overseeing all aspects of its advertising and brand marketing strategy worldwide, including design and editorial.”

But, said many sources at the company, Baldwin’s purview is much larger, especially as it will involve a major overhaul of Yahoo’s image, which is likely to be rolled out as the Internet site also launches its redesigned front page in the fall.

In addition, unlike past Yahoo marketing execs, Baldwin has been described to me by many people at the company as much more colorful and bold in her style, and that she has been advocating more aggressive ideas about reinvigorating the Yahoo brand.

“Well, Penny is definitely not Yahoo,” said one Yahoo source, joking about the company’s quainter, yodel-focused and purple-toned image. “Which is probably a good thing.”

Baldwin reports to CMO Elisa Steele. It’s Steele, as I previously reported, who has been leading the rebranding effort at Yahoo.

It is aimed at repairing a damaged public image, communicating innovation and focusing consumers on what defines Yahoo in the years ahead.

Besides the hiring of Baldwin, Steele has also retained well-known (and pricey!) brand consulting firm Landor Associates.

Many themes have been considered to depict Yahoo going forward–most along the lines of Yahoo still being a key hub destination for Internet users.

Those possible directions were discussed at a recent off-site meeting of Yahoo’s top execs, led by Steele, who ran through the tangled history of Yahoo’s marketing efforts and showed off some rough ideas for the future.

One motto considered, among several: Yahoo as “your home on the Web.”

It is not clear how much Yahoo is prepared to spend on this rebranding effort. Microsoft (MSFT), for example, is in the midst of a $100 million marketing campaign around the recent relaunch of its Bing search service.

Here is the official press release about Baldwin:

Penny Baldwin Appointed to Senior Vice President of Global Integrated Marketing and Brand Management at Yahoo!

SUNNYVALE, Calif., Jun 30, 2009 (BUSINESS WIRE)–Yahoo! Inc. announced today that Penny Baldwin has been appointed to senior vice president, global integrated marketing and brand management. She assumes this newly created position immediately and reports to Yahoo!’s chief marketing officer, Elisa Steele.

Baldwin will lead the company’s global brand efforts, and is responsible for developing and executing Yahoo!’s brand marketing approach including brand management, corporate messaging, integrated marketing and advertising.

“One of Yahoo!’s greatest assets is its brand,” said Steele. “Our integrated, global approach is critical to our success and we have a deep business commitment to fulfill our promise to our users, customers and partners. Penny is uniquely qualified to lead the effort and her leadership, experiences, knowledge and skills are excellent additions to the Yahoo! marketing team.”

She is a 20-year veteran of global brand strategy development and execution across all internal and market-facing touch points. Most recently, Baldwin served as Managing Partner of Young & Rubicam Brands, Y&R Advertising and Wunderman Direct Marketing. As agency leader and manager, she was responsible for leading the efforts of large global teams across industries. Her experiences span technology, retail, packaged goods, finance, travel, gaming, wireless communications, entertainment, healthcare and sports marketing.

Baldwin has worked with several Fortune 500 brands including Microsoft, Intel, Oracle, AMD, NetApp, Hitachi Data Systems, Siebel Systems and Hewlett-Packard, among others. She has also worked with leading brands including Cadbury, Schweppes, Foster Farms, Jacuzzi, Wells Fargo, DHL, AT&T and Palm.

“This is a seminal moment for the Yahoo! brand and for the business overall,” said Baldwin. “I am delighted to be part of the leadership team that will take Yahoo! to the next level as we evolve our brand strategy worldwide.”

In the past, Yahoo has used killer lasers and giant afros and has even tried a dog rising from the dead to brand itself.

Also, of course, there was the yodeler.

That was in 2003, in a clever television commercial that featured Yahoo’s famous sound, as rendered by yodeling champ Taylor Marie Ware (by the way, if you click on the exclamation point on Yahoo’s homepage, it still emits an annoying male yodel).

Now, in what many sources at the company said is a major push, Yahoo (YHOO) is working on a massive plan to overhaul its brand in order to repair a damaged public image and focus consumers on what defines Yahoo.

The effort is being spearheaded by newly installed Chief Marketing Officer Elisa Steele.

To take on the task, she has hired both well-known brand consulting firm Landor Associates and an outside consultant named Penny Baldwin, who was a former top exec at brand and ad giant Young & Rubicam.

Yahoo had formerly been using Ogilvy & Mather and Siegel+Gale to work on strategic branding issues. Ogilvy is still working with Yahoo, sources said, but it is unclear if Siegel+Gale remains in the mix.

The new branding of Yahoo, said several people close to the situation, might be built around the latest relaunch of its main homepage design.

The important front-page redo had been delayed by CEO Carol Bartz when she took over in January and is now slated for the fall.

Many themes have been considered to depict Yahoo in the future, many along the lines of Yahoo still being a key hub destination for Internet users.

Those possible directions were discussed at a recent off-site meeting of Yahoo’s top execs, led by Steele, who ran through the tangled history of Yahoo’s marketing efforts and showed off some rough ideas for the future.

One motto considered, among several: Yahoo as “your home on the Web.”

Whether it is going to be a sweet home or not is unclear, and does depend on exactly how much Yahoo is prepared to spend on this rebranding effort.

Microsoft (MSFT), for example, is in the midst of a $100 million marketing campaign around the recent relaunch of its Bing search service.

And Google (GOOG) has a brand that hardly needs any introduction–and on which it has spent very little marketing money–in that its name has become the verb that means “search” on the Web for most consumers.

Yahoo’s branding campaign will certainly have to be a big deal, given that it is one of the top Internet sites in the world and has massive name recognition.

And Bartz has been vocal about the importance of touting Yahoo as a well-known brand, even as she has said a lot internally and externally that she detests purple.

(That has long been Yahoo’s main color and also mantra, as in “bleed purple.”)

In an onstage interview with me at the seventh D: All Things Digital conference in late May, I asked Bartz about the image of Yahoo being broken and how she would change that perception and revive its innovative spirit.

“The best way to change the perception is to do a good job and then talk about it,” she answered at D7. “We just have to get our story out there; we have to continue to appeal to the people that come to us, and frankly, at some point people get sick of having us as the underdog and say, ‘Thank God, Yahoo’s back.’”

Well, that could depend on how well its upcoming branding campaign works or not, which must also be based on the product and business strategy Bartz settles on in her rejiggering of Yahoo.

Tomorrow morning, Bartz will preside, along with Yahoo Chairman Roy Bostock, at its annual meeting in Silicon Valley, although it is doubtful she will unveil any grand plan then for marketing or other major company strategies.

So, until the branding plans are unveiled, here are some of the more memorable Yahoo advertising efforts.

Yodel:

Lazarus the Dog:

Killer Laser:

Afro-tastic:

Odd Advice-giving Canadian Yahoo Creature:

[Belly Yodel photo courtesy of Yodel Anecdotal on Flickr]