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exits
Yahoo's Do-Nothings Set to Bleed Purple
It's the reorg to end all reorgs! Under widely loathed former management, Yahoo became famous for its dumb corporate reshufflings. New CEO Carol Bartz, a lovably profane taskmistress, is aiming to undo their mess. More » -
carol bartz
Yahoo CEO's First Job: Fire Her No. 2
Yahoo's board will soon announce it has hired Carol Bartz, a software-industry veteran, to run the troubled Web-media business. The first question: How long before Bartz fires Sue Decker, Yahoo's president? (Update: not long!) More » -
sue decker
Yahoo's Depressing Backup Plan
No one wants to buy Yahoo. And the only person who wants to run Yahoo is an insider who helped sink it. Is there any hope left for the beleaguered Web giant? More » -
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 » -
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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. -
valleyspeak
"Nonguaranteed"
When she's not boring shareholders silly, Yahoo president Sue Decker has been trying to beguile advertisers to buy a new form of online advertising: "nonguaranteed" ads. Her campaign started in earnest at an Internet Advertising Bureau conference in February; it continued in the pages of the Wall Street Journal. Strip aside the technical mumbo-jumbo, and you learn this: "Guaranteed" ads run at specified times, on specified websites. "Nonguaranteed" ads run wherever, whenever, at Yahoo's discretion. More » -
exits
Valley's 150 biggest companies all run by men
With Diane Greene ousted as the CEO of Silicon Valley software company VMware by a jealous man and replaced by testosterone-laden former Microsoftie Paul Maritz, there's not a single woman running any of the Bay Area's largest 150 companies by revenues. We'd be less despondent about this if the up-and-coming women didn't have us so down. More » -
nerdspotting
Four moguls walk into a bar
Google cofounder Larry Page, Yahoo president Sue Decker, ex-Yahoo CEO Terry Semel, and Legg Mason fund manager Bill Miller, who owns large stakes in Google and Yahoo, sat and talked at a corner table at the Sun Valley Lodge, the site of Allen & Co.'s power media conference in Idaho. Page and Miller reportedly dominated the conversation. [DealBook] -
jerry yang
Cowed Yahoo board members' wishlist of Yang and Decker replacements
Yahoo shares are almost below $20 in morning trading and as the company approaches its August 1 annual meeting, Yahoo's directors have finally begun to fear for their jobs and their reputations. They're negotiating with Yahoo's major shareholders and, along with agreeing to renew talks with Microsoft and approach AOL for acquisition, some on the board are offering to promote CEO Jerry Yang into a non-executive chairmanship and fire Yahoo president Sue Decker. Reporter's reporter Kara Swisher reports that shareholders and some board members have already come up with a wish list of names for the top jobs. More » -
yahoo
Jerry Yang fought for the hated Ash Patel in Yahoo reorg
When we noted (only reporters' reporter Kara Swisher reported it) that Yahoo president Sue Decker's last reorganization included promoting longtime Yahoo Ash Patel to head of a new Global Products group, probably the nicest comment came from therealsunnyvalequeen, who wrote: "Ash is a good technical leader, but cannot possibly do what they have now asked of him." BoomTown's Kara Swisher reports several Yahoo executives echo the sentiment. Apparently tone-deaf Yahoo CEO Jerry Yang does not. More » -
exits
Who's moving up, moving out or on the fence at Yahoo
Yahoo CEO-in waiting Sue Decker continues to push the company through yet another reorganization. An her minions aren't happy about it. One told Kara Swisher: “I am not sure right now, with all this drama and all this tension from Microsoft’s failed takeover and the rest of it, why we have to do this. This feels crazy.” We figure the best way to do this is rip the band-aid off and move on. So below, who's in, who's up and who's out in quick and dirty bullet points. More » -
disasters
Sue Decker's idiotic Yahoo reorg
No tech executive draws more bile and disdain than Ash Patel. So why is Yahoo president Sue Decker promoting him to fill the place of several departing executives? Let me keep it short and sweet: Decker is a charmless Wall Street type who's bad at managing people. Patel's main skill, one that has kept him at place in Yahoo for 12 years, is managing up. His second talent: making excuses for the fact that he's rarely seen on campus before 10:30. No one who's serious at Yahoo has any respect for Patel, and no one who's sensible cares to report to him. Decker's plan is succeeding in one regard: All the departures Patel's promotion is sparking will surely reduce costs. -
yahoo
A company coming apart at the seams
Does Yahoo have a hiring freeze? Even Yahoo's own HotJobs site isn't clear on the matter, as this screenshot shows But really, who cares? With its easy-come, easy-go severance package, Yahoo is all but bribing new hires to come work for the company. Its executives, who are shorter on time to build their career than they are on money, are fleeing. President Sue Decker, the clueless, graceless empty pantsuit running the company, is exercising her sole talent: redrawing org charts. What good will another reorganization do, besides keep Decker occupied and thus away from any part of the company that deals with users or advertisers? Yahoo doesn't need a reorg; it needs a complete reboot. Why is no one saying the obvious — that Decker needs to go? -
jerry yang
Why Yahoo has no CEO in sight
The latest Valley guessing game: Who will be Yahoo's next CEO? Jerry Yang's days seem numbered; if he does not win reelection to the board at Yahoo's annual shareholder meeting, now pushed back to August, he will almost certainly have to step down as boss, too. Overeager to throw a name out — likely in the hopes of currying favor if one of their guesses turns out to be right — the likes of Kara Swisher and Michael Arrington are suggesting a series of candidates. Dan Lyons gets it right in a blog post, writing as Fake Jerry Yang: None of them are likely to fly. None are likely even to be interested in the job. More » -
exits
Yahoo's Sue Decker on Jeff Weiner's departure: Mission Accomplished!
It's as if Yahoo president Sue Decker hasn't heard of a thing called Web search. How else to explain her mealy-mouthed memo to Yahoos on EVP Jeff Weiner's departure? Any one with any reason to care knows or will quickly find out that Weiner left Yahoo for a sweet gig spotting startups for VC firms Accel Partners and Greylock. But in her memo, Decker asked her charges to believe Weiner is leaving to spend more time with his family. More » -
yahoo
Bleeding purple
This is the week to leave Yahoo, it seems — not because something's happening. But because nothing is. Jeremy Zawodny (badge pictured here) and JR Conlin, two Yahoo veterans with 18 years of tenure between them, both took pains to say that their departures had nothing to do with Microsoft or Carl Icahn's bids for the company — believable, since an expected Yahoo-Google search partnership seems to have put both of those overtures into a deep freeze. Higher up the chain, reports confirm the departure of Usama Fayyad, Yahoo's chief data officer, and Jeff Weiner, head of Yahoo's Web-content properties. More » -
100-word version
The idiot's guide to fixing Yahoo
What's wrong with Yahoo? Contentinople editor Scott Raynovich says that unlike Google, Apple and Microsoft, Yahoo doesn't have a succinct product-marketing strategy. He'd like to help them fix that. Unfortunately, at 1,700 words, Raynovich's piece isn't very succinct either. We're here to help, with a version Yahoo CEO Jerry Yang will have time to read before he gets another letter from Carl Icahn. More » -
David Windley
Libby Sartain out, Sue Decker underling in at Yahoo HR
A splashy hire for Yahoo in 2001, Libby Sartain's reputation as "Chief People Yahoo" rapidly dwindled. She was pushed out in March, but Yahoo didn't make a big to-do about her successor, David Windley, who was promoted from within. Windley ran HR for the advertiser-and-publisher group when now-president Sue Decker ran it; while Windley reports to CEO Jerry Yang, one's inclined to think his loyalties lie with Decker. Human resources is a useful function to control in the midst of a power grab. -
online advertising
Wal-Mart shops at Yahoo
Yahoo will sell advertising on Wal-Mart sites. Combining Wal-Mart with eBay and Yahoo's other retail publishers, Yahoo advertisers can now reach 73 percent of online retail shoppers, Yahoo president Sue Decker told the Advertising 2.0 keynote audience this morning. She also announced that Yahoo added 93 newspapers to its Lighthouse consortium, bringing the number to over 400. Havas Digital will join WPP as a Yahoo agency partner. -
spy photos
Valleywag spots secret Yahoo conclave at D6
CARLSBAD, CA — On stage at D6, Sue Decker couldn't offer any explanation why she was qualified to be president of Yahoo. But if you ask Valleywag, she's doing a bang-up job of pursuing Yahoo's strategy of embracing openness. For example, by holding a meeting within camera-lens length of Valleywag in the Four Seasons Lobby Lounge. Our eye was first drawn by Yahoo Media Group chief Scott Moore's blindingly colorful Madras shirt; we then saw he was sitting with Decker. Two of the other participants: Gordon McLeod and Matthew Goldberg, business-side executives at Dow Jones, which means they were likely discussing some kind of news-content partnership between Yahoo and the Wall Street Journal. I'd thought I spooted Brad Garlinghouse, the Yahoo executive who wrote the famous "Peanut Butter Memo," in the group, but I'm told he wasn't there. I later spotted him strolling down the halls with Yahoo board member Bobby Kotick, the CEO of Activision. More pictures of the meeting: More » -
d6 live coverage
Jerry Yang and Sue Decker try to evade Kara Swisher's clutches
CARLSBAD, CA — For most of their D conference interviews, Kara Swisher and Walt Mossberg trade off interview duties. But why was Mossberg the one to do the D6 interview with Yahoo CEO Jerry Yang and president Sue Decker? Swisher frequently covers Yahoo in her AllThingsD.com blog; I can't think of the last time Mossberg has typed the letters "y-a-h-o-o" in his gadget reviews. Here's my theory: Decker and Yang agreed to speak at D6, but only if Mossberg was the interviewer, not Swisher. Then Swisher tweaked them by asking a question — not on stage, but on video. If so, serves Yang and Decker right for not nailing down all the conditions. Think they'll be having words with Yahoo flack Jill Nash afterwards? (Photo by Asa Mathat/AllThingsD.com) -
d6 live coverage
Invading D6, the Wall Street Journal's posh pooh-bah conference
CARLSBAD, CA — D, the Wall Street Journal schmoozefest which opened today with a round of golf at the Four Seasons Aviara Resort, is not the conference for the rest of us. It attracts a host of tech and media CEOs who agree to be harangued onstage by Walt Mossberg, the sexagenarian of sexy gadgets, and Kara Swisher, the diminutive media commentaterrorist of AllThingsD.com. In exchange, they get to seem classy and witty, if only by comparison. It is the sort of elite event to which Valleywag is not invited. We showed up anyway. More » -
yahoo raid
Will Carl Icahn crash Yahoo?
In explaining Carl Icahn's raid on Yahoo, pundits bring up his efforts to shake up tech and media giants like Motorola and Time Warner. But I think there's a better analogy in Icahn's past: TWA. Icahn's attempt to gain a board seat or broker a new deal to sell Yahoo to Microsoft will not send Yahoo soaring; if left unchecked, he will run Yahoo into the ground as surely as he did that troubled airline. Icahn's bid, and the support it is drawing from large Yahoo investors, seems premised on the notion that he can bring Microsoft and Yahoo back to the bargaining table. That seems unlikely. More » -
great moments in hr
Decker: Yahoos upset over Microsoft are just tired and old
The people who really matter — Yahoo shareholders — are angry about the way Yahoo CEO Jerry Yang handled negotiations with Microsoft. But there are angry Yahoo employees, too. Problem is, top Yahoo management doesn't seem to want to hear from either group. Watch this excerpt from Tech Ticker as Yahoo president Sue Decker dismisses Yahoo dissenters as people who are "tired and feeling late stages in their career." -
clips
Decker: We only told shareholders about Microsoft's $31 offer
Yahoo chairman Roy Bostock told reporters that shareholders supported Jerry Yang's decision to refuse Microsoft's bid for the company, even when it reached $33 per share. But yesterday, major shareholders Bill Miller and Gordon Crawford — who combined control about 13 percent of the company — said they did not agree with the way Yang handled negotiations. In this excerpt from Yahoo's own Tech Ticker, Sarah Lacy asks Yahoo president Sue Decker, "Who are these institutional shareholders who are supporting $37, $38 per share? Can you shed any light on that?" Watch as Decker explains that what Bostock really meant is that Yahoo's board supports Yahoo's board, which only really ever told shareholders about Microsoft's $31 per share offer. "And that's the end of the story." -
caption contest
On the firing line
Yahoos David Filo, Jerry Yang, Sue Decker and Blake Jorgensen watching All Hands, the Movie last week. Suggest your caption in the comments; the best will become the new headline. Yesterday's winner: WagCurious, for "Don't smell evil." (Photo byYodel Anecdotal) -
anti-jackpot
Terry Semel lost $6.2 million working for Yahoo in 2007, but Sue Decker made almost $15 million
Any Yahoo can tell you that working at the troubled Web giant doesn't pay. But for former CEO Terry Semel, it really didn't. Last year, he made negative $6.2 million, Docu-Drama notes. The accounting oddity, uncovered in an SEC filing, has to do with stock awards he forfeited when he left the company last year. Don't weep for Semel: He still owns half a billion dollars in Yahoo stock, and has sold plenty, too. What shareholders may find more upsetting are the left-and-right raises Yahoo's board handed out to top Yahoo execs in 2007, a year whose horrible performance set up Yahoo for Microsoft's hostile bid. Here are the lowlights: More » -
clips
Yahoo makes even tipping Valleywag look complicated
Yes, the leaked copy of Yahoo's All Hands, the Movie we received this afternoon features a scene where Trent Herren of international operations discovers client strategist Ian Kennish is a Valleywag leaker. But leave it to the folks in Sunnyvale to think we have some special, complicated web site for leaks — when really, all you have to do is send us an email. Full video, including infrastructure EVP Ash Patel cleaning the cube of incredibly messy co-founder David Filo, after the jump. More » -
live coverage
Yahoo's first-quarter earnings call
What's Yahoo CFO Blake Jorgensen so happy about? Try Yahoo's first quarter earnings on for size. Widely expected to surpass Wall Street expectations, Yahoo did not disappoint, reporting $1.35 billion in first quarter revenues after traffic acquisition costs, a 14 percent percent increase over the first quarter 2007. Still, Microsoft CEO Steve Ballmer said earlier today that positive earnings would not cause him to raise Microsoft's $31 per share offer for Yahoo. Yahoo CEO Jerry Yang, president Sue Decker and Jorgensen respond in our live coverage of Yahoo's analyst conference call, below. More » -
online advertising
How to steer a Yahoo-Google deal around the feds
Analysts say that allowing Google to serve its ads on Yahoo search pages would immediately boost search revenues by a third and Yahoo's stock by $5 a share. Problem is, Microsoft's top lawyer, Brad Smith, already promised to make a regulatory stink about such a deal, saying it would give Google control over 90 percent of the search advertising market. But a source involved with the discussions between Yahoo and Google says there's a way Yahoo could steer clear of antitrust trouble. More » -
breakups
Sue Decker's husband not seeking alimony in divorce
At times I pity Sue Decker, Yahoo's embattled president. She disappeared from sight after Microsoft bid $44.6 billion for Yahoo. Her roadshow to win back investors to an independent Yahoo flopped. She's been reduced to begging her new Microsoft overlords for a job. And now, even husband Michael Dovey, whom she's divorcing, has told her he doesn't want any help from her. Court records obtained by the Wall Street Journal show that he's not seeking alimony. Surely a matter of pride over pragmatism: At a dinner party, Dovey told one tablemate that he didn't work, not because Decker supported him but because he was independently wealthy. -
politics
Zuckerberg, Decker and Brin walk into a Jerusalem bar...
Israeli president Shimon Peres has invited a number of luminaries to celebrate the country's 60th year of independence, including Facebook founder Mark Zuckerberg, Yahoo president Sue Decker and Google cofounder Sergey Brin. They'll be discussing technology as part of the Facing Tomorrow conference in May. Zuckerberg's Facebook has been drawn into the Israeli-Palestinian conflict already, and is also banned in nearby Syria, so at least he has some relevant geopolitical experience. More »





































