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LAS VEGAS - JANUARY 07: (FILE PHOTO) Yahoo Inc.! CEO Jerry Yang speaks at the 2008 International Consumer Electronics Show at the Las Vegas Hilton January 7, 2008 in Las Vegas, Nevada. Yahoo! Inc. Chief Executive and co-founder Jerry Yang has announced that he will step down from his position and resume his role as corporate strategist for the global internet company November 18, 2008.
LAS VEGAS - JANUARY 07: (FILE PHOTO) Yahoo Inc.! CEO Jerry Yang speaks at the 2008 International Consumer Electronics Show at the Las Vegas Hilton January 7, 2008 in Las Vegas, Nevada. Yahoo! Inc. Chief Executive and co-founder Jerry Yang has announced that he will step down from his position and resume his role as corporate strategist for the global internet company November 18, 2008.
WASHINGTON - NOVEMBER 06: (FILE PHOTO) Yahoo! Inc. CEO Jerry Yang testifies during a hearing before the House Foreign Affairs Committee November 6, 2007 on Capitol Hill in Washington, DC. Yahoo! Inc. Chief Executive and co-founder Jerry Yang has announced that he will step down from his position and resume his role as corporate strategist for the global internet company November 18, 2008.
LAS VEGAS - JANUARY 07, 2008: (FILE) Yahoo Inc.! CEO Jerry Yang speaks at the 2008 International Consumer Electronics Show at the Las Vegas Hilton January 7, 2008 in Las Vegas, Nevada. According to a statement by the company November 17, 2008, Yang will step down as CEO once a successor has been selected. Yang will reportedly be involved in the search for his successor, and will continue to serve on the board, according to the company.
WASHINGTON - NOVEMBER 06, 2007: (FILE) Yahoo! Inc. CEO Jerry Yang (L) testifies before the House Foreign Affairs Committee November 6, 2007 on Capitol Hill in Washington, DC. According to a statement by the company November 17, 2008, Yang will step down as CEO once a successor has been selected. Yang will reportedly be involved in the search for his successor, and will continue to serve on the board, according to the company.
In this photo provided by D:All Things Digital, Yahoo Inc. CEO Jerry Yang, left speaks during the D6 Conference in San Diego on Wednesday, May 28, 2008. Yang rejected the image of his company as "under siege" Wednesday, telling conference goers that executives are rallying to streamline Yahoo's offerings and make it more relevant to consumers and to advertisers.
Jerry Yang (R), Co-Founder & CEO of Yahoo! Inc., waits to answer questions from students and the media on April 3, 2008 at Georgetown University's Healy Hall in Washington, DC. Yahoo said July 12, 2008 it has rejected a "ludicrous" deal with Microsoft orchestrated by corporate raider Carl Icahn, who is bent on overthrowing the struggling Internet search pioneer's board. Yahoo's said a "take it or leave it" proposal made by Icahn and Microsoft on July 11 called for a massive restructuring of the California firm and the sale of its online search business to the US software colossus. Microsoft and Icahn gave the Yahoo board less than 24 hours to decide on the offer, which was non-negotiable. The deal called for Yahoo's board to be immediately replaced by an Icahn-led slate and the removal of top Yahoo executives, with co-founder and chief executive Jerry Yang presumably heading the list.
Jerry Yang (R), Co-Founder & CEO of Yahoo! Inc., stands next to a white screen as he waits to answer questions from students and the media at the lecturn on April 3, 2008 at Georgetown University's Healy Hall in Washington, DC. Yang said on May 29, 2008 that Microsoft is "no longer interested" in buying the pioneering Internet firm, but is considering "other partnerships. " Yang also maintained that Yahoo is "not under siege" despite a threatened stockholder revolt led by billionaire corporate raider Carl Icahn.
Jerry Yang (R), Co-Founder & CEO of Yahoo! Inc., stands next to a white screen as he waits to answer questions from students and the media at the lecturn on April 3, 2008 at Georgetown University's Healy Hall in Washington, DC. Yang announced a USD one million gift commitment to establish the Yahoo! International Values, Communications, Technology, and Global Internet Fellowship Fund at Georgetown University.
Jerry Yang (R), Co-Founder & CEO of Yahoo! Inc., stands next to a white screen as he waits to answer questions from students and the media at the lecturn on April 3, 2008 at Georgetown University's Healy Hall in Washington, DC. Yang announced a USD one million gift commitment to establish the Yahoo! International Values, Communications, Technology, and Global Internet Fellowship Fund at Georgetown University.