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Terry Semel Gets Yang’d As CEO – Yahoo!!!

Posted By Bryan Eisenberg On June 18, 2007 @ 4:44 pm In Breaking News | 1 Comment

Mr. Semel in better days...Looks like someone was paying attention to the fact that Terry Semel was getting paid to let Yahoo! fall asleep at the wheel, let Google gain massive market share, and erase Yahoo! shareholder value [1]:

Last year, $107.5 million in stock grants was given to Semel in lieu of a $1 salary, a year in which Yahoo stock dropped about 35%. That means he was paid $107.5 million for erasing over $15 billion in shareholder value!

Terry Semel, Yahoo’s CEO, is being replaced by Yahoo co-founder Jerry Yang [2]. Shares should rise an immediate $5 [3]. Yahoo!!!

Remember the days when Semel had a chance to buy Google [4]?


Article printed from Conversion Rate Optimization & Marketing Blog | FutureNow: http://www.grokdotcom.com

URL to article: http://www.grokdotcom.com/2007/06/18/terry-semel-yanged-as-ceo-yahoo/

URLs in this post:

[1] erase Yahoo! shareholder value: http://google.blognewschannel.com/archives/2007/06/14/what-did-terry-semel-get-1075-million-for/

[2] Terry Semel, Yahoo’s CEO, is being replaced by Yahoo co-founder Jerry Yang: http://www.marketwatch.com/news/story/yahoo-names-co-founder-yang-chief/story.aspx?guid=%7B7E13B573-423F-4FB7-8EA5-38BDE1947CDB%7D

[3] rise an immediate $5: http://www.thestockmasters.com/article_YHOO_061407.asp

[4] Semel had a chance to buy Google: http://www.wired.com/wired/archive/15.02/yahoo.html?pg=1&topic=yahoo&topic_set=

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