• yahoo

    Who'll replace Jerry Yang? Chernin hot, Decker not

    Why would the President and COO of News Corp. take a job running Yahoo? Money, of course, but does Yahoo have that much? Nonetheless, relentless Yahoo blogger Kara Swisher reports that Peter Chernin is "the No. 1 choice of most inside and outside Yahoo." Swisher says Yahoo's current President, Sue Decker, is being "considered" for the job, which in Valleyspeak means she's not being considered at all. Kara lists another seven potential Chief Yahoos. Kara's even more obsessive about Yahoo than Owen, so you click her and I'll go back to looking for caption contests.
  • exits

    Jerry Yang out as Yahoo CEO

    Yahoo founder Jerry Yang is stepping down as CEO, and a search is underway for a replacement after a tumultuous 18 months on the job. Which is curious. In a recent interview, Yang had just told AllThingsD's Kara Swisher, "In this uncertain environment, I think I am absolutely the right person" to lead Yahoo. He must have changed his mind; Swisher reports that the decision was a "mutual" one made by Yang and Yahoo's board of directors. Either Yang was lying to Swisher, or he was deceived about the board's lack of support for him. Executive recruiter Heidrick & Struggles is conducting a search for Yang's replacement. Finding a successor to Yang will be difficult — not because Yang is irreplaceable, but because he has made such a mess of things that it will be hard to persuade a capable executive to risk their reputation fixing it. More »
  • cutbacks

    Yahoo purple with rage over lunch price hike

    Yahoo has spent millions on consulting fees with Bain & Co. to come up with cost-cutting schemes — bold ones like hiking cafeteria prices. A tipster blames President Sue Decker and CFO Blake Jorgensen for upping his lunch bill by three bucks: More »
  • yahoo

    Sue Decker's third coup d'etat

    A tipster tells us Yahoo's upcoming layoffs could come in just a week. Among the people with their jobs on the line: CEO Jerry Yang. Sue Decker, Yahoo's scheming president, is hoping to oust him sooner rather than later, especially if pressure from Wall Street after Yahoo's surely dismal third-quarter earnings, set to be announced on the 21st, give her the excuse. Decker, formerly Yahoo's CFO, has been peddling her seat on the board of Berkshire Hathaway to convince fund managers that she has Warren Buffett's backing. If she pulls it off, it will be the third time Decker has knifed a colleague on her way to the top. More »
  • online advertising

    Yahoo and Google can't get their stories straight

    Remember how Google's chief economist, Hal Varian, said that Yahoo's deal to run search ads sold by Google would not mean Yahoo would "have the ability to see whose ads are priced higher — Yahoo's or Google's — and then decide which ads to serve"? Forget all that, says Yahoo president Sue Decker in a blog post she wrote to defend the deal. More »
  • yahoo

    Mad Men's Don Draper lends dated persuasion to Yahoo's ad platform pitch

    Adding some actual potency to Yahoo CEO Jerry Yang and president Sue Decker's pitch to Madison Avenue this morning: Jon Hamm, star of AMC's weekly ode to the world of 1960's ad guys, Mad Men. Yang and Decker were likely hoping Hamm's shine would rub off on them, just by having him in the room this morning to deliver lines like "what my friend Jerry Yang is about to share with you will rock the advertising world in the same way that radio and television did way back when." More »
  • strategery

    Yahoo to unveil strategy, minus Jerry Yang and Sue Decker

    Finally, a good idea from Yahoo headquarters! As expected, the company is planning an event to talk about its "open" strategy leading into its two-day Hack Day gathering for developers. (An "open" strategy involves giving developers access to your systems and software so you don't have to come up with any original ideas yourself.) The best part? Kara Swisher reports that CEO Jerry Yang and President Sue Decker will both conveniently be out of town. A Yahoo strategy that involves getting rid of Decker and Yang: This sounds promising.
  • Vanessa Colella

    Sue Decker's new right-hand woman

    Haven't heard of Vanessa Colella? You likely will, in the months to come, as Yahoo president Sue Decker tries to solidify her control over the troubled Internet giant. Colella, a brainy MIT Ph.D., joined the company as a VP earlier this year, and was rapidly promoted to SVP of "insights," reporting directly to Decker. We'd heard about a shakeup in Yahoo marketing, but it involved Colella's promotion, not a change in role for Allen Olivo, the old Valley brand hand, as we first suspected. Olivo had best watch his back, though. More »
  • exclusive

    Yahoo's New York star relocating to Sunnyvale

    Former Right Media CEO and current Yahoo SVP Mike Walrath is moving offices from New York to Sunnyvale in October. He told Valleywag it's "a quality of life decision." If the move means a big promotion — a tipster tells us that's the rumor around Yahoo's New York office — Walrath wouldn't say. He's already in charge of Yahoo's advertising marketplaces group, requiring plenty of facetime at headquarters. But we think a promotion is likely, and deserved. So does a fellow Yahoo executive who told us Walrath is a particular favorite of Yahoo president Sue Decker and her closest lieutenant, Hilary Schneider, to whom Walrath currently reports. More »
  • rumormonger

    Yet another Yahoo reorg

    A tipster tells us of an unannounced Yahoo reorg, this one affecting the marketing department. Details are scarce, but our first guess: Well-traveled Valley marketer Allen Olivo, who was named acting head of the department after marketing chief Cammie Dunaway left Yahoo for Nintendo. We'd heard Olivo reported to Hillary Schneider when she was in charge of Yahoo's advertising group, but a commenter, below, now says that was never the case. And with Yahoo president Sue Decker naming Schneider, her closest ally in the company, to a new role running the U.S. region, it no longer makes sense for global marketing to report to Schneider — which leaves room for Olivo to make his advancement permanent. That's all speculation, mind you — if you've heard more specifics, let us know.