The Market For Yahoo!'s CEO
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AS-9
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The Market For Yahoo!'s CEO
Yahoo! The Market For Yahoo!'s CEOaims to have a new chief executive in January. Carl Icahn now controls some 75.6 million shares of Yahoo!, or 5.45% of the company, up from the 4.36% he owned at the end of November. He's spent $1.8 billion (including commissions) to acquire those shares. http://www.forbes.com/technology/ebusin ... yahoo.html
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They're cutting it pretty fine timewise. Usually CEO's are selected long before the current one steps aside to allow for as smooth a transition as possible.
The name I've heard mentioned in the press as "most likely to succeed" is Arun Sarin, who's barely had a chance to settle back into his retirement as Vodafone's chief executive this past summer.
All speculation and whispers from insiders of course but just the fact that Jerry Yang's removed himself from the role will be enough for some. There's shareholders that still have steam coming out their ears over him rejecting the Microsoft offer.
The name I've heard mentioned in the press as "most likely to succeed" is Arun Sarin, who's barely had a chance to settle back into his retirement as Vodafone's chief executive this past summer.
All speculation and whispers from insiders of course but just the fact that Jerry Yang's removed himself from the role will be enough for some. There's shareholders that still have steam coming out their ears over him rejecting the Microsoft offer.
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