Jerry Yang, announced that the company has left Yahoo, the Internet Corporation blow, which he co-founded 17 years ago Tuesday.
In a statement, said Roy Bostock, Yahoo's president, Mr. Yang did not immediately give up his seat on the board of Yahoo and step down from the plates of Alibaba Group and Yahoo Japan.
Mr. Yang did not give a reason for his departure, but as has happened in the company subject to the strategic review process the new chief executive, and Scott Thompson, on whether the company should sell its interests in Asia and focus on its media assets. Yahoo has a 40 per cent in the Ali Baba and the 35 percent stake in Yahoo Japan.
The departure of Mr. Yang, after less than two weeks after the Council meeting, a Mr. Thompson, executive director of the operation and eBay's PayPal unit, as general manager.
Mr. Yang, cofounder of the company in 1995, was also the official title of "chief Yahoo" and before the rise and fall of the company. He stood in the way of trying to take 2008 by Microsoft that valued the company at $ 47.5 billion. He left the company with a current market value is less than half - shareholder dissatisfaction with this decision - and the inability of Yahoo in the afternoon to find their way.
"Yahoo is losing another piece of what was seen by many as an obstacle," says Allen Weiner, an analyst at Gartner.
Analysts and experts say the departure of Mr. Yang of Yahoo has paved the way for the sale of their assets abroad. The company has been in negotiations with the Pope, and Softbank - a possible buyer of the shares of Yahoo Yahoo Japan - in the proposed sale of shares, worth about $ 17 billion. "Jerry Yang can say is the most known and associated with Yahoo," says Scott Kessler, an analyst at Standard & Poors. "It's fair to say that, either in fact or in perception, which detracts from the company's ability to create value for shareholders."
Mr. Yang played a heavy hand in the discussions on the future of Yahoo, according to sources familiar with the matter who spoke on condition of anonymity because the talks. He said people in some cases, the views of Mr. Yang seems to differ from the opinion of the Council, which created tensions - and confusing at times - the substance of the negotiations.
Mr. Yang, along with other members of the Council and also face pressure increasing investors, activists such as Daniel Loeb of Third Point, which called for the expulsion of Mr. Yang and Mr. Bostock. He said two other people close to the Governing Council, who requested anonymity in order to maintain trade relations,
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