Yang leaving CEO job at Yahoo!

11/17/2008 | Wall Street Journal (free content), The · Reuters

Having failed to close deals to form alliances with Google, Microsoft or Time Warner, Yahoo! co-founder Jerry Yang is out as chief executive, and will resume his strategy and technology role as Chief Yahoo. "The company is in desperate need of change and this is clearly one way to do it," said Ross Sandler, an analyst at RBC Capital Markets.

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Wall Street Journal (free content), The · Reuters

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