Terry Semel is out as the Chief Executive Officer at Yahoo! and Jerry Yang is in and ends what experts say was a long 6 year rocky road for the CEO Semel who came from Warner Brothers. This management shake-up does not surprise anyone in the internet world given the fact that Yahoo! has suffered financial troubles over the past year. But also losing market share and face to Google. Yahoo! has seen its market price slide since 2006 from 43 bucks to less than 30 dollars a share.
SmartMedia observation: When the top dog is kicked out of the house it shows one thing about those guys in the Internet business. They take no prisoners.
