Yahoo loses key execs

Rumours that the company is in turmoil


20 June 2008 16:02 GMT / By Katie Scott

Several high profile top executives are leaving Yahoo following on from months of turmoil as the company as wrangled with a hostile takeover bid from Microsoft.

Yahoo is currently battling with its shareholders, including billionaire investor Carl Icahn, and is expecting a bid to oust its board at its Annual General Meeting on 1 August.

Analysts say that this "reorganisation", which has resulted in the departures, may be a bid to placate shareholders as well as improve its earnings.

Although it is unconfirmed, three executives are leaving Yahoo, including Brad Garlinghouse, who oversaw services including e-mail and instant messaging.

Vish Makhijani, general manager of Yahoo's Web search business, and Qi Lu, the top engineer for Yahoo's Panama search marketing platform, are also reported to be going elsewhere.

Yahoo has confirmed that one exec, Jeff Weiner, recently executive vice president of the network division, had left to work at venture capital firms.

The Wall Street Journal says that Yahoo president Sue Decker is also considering a reorganisation that would centralise Yahoo mail, search and homepage divisions into a global product organisation.
Related
Full tags
Biz, Yahoo, Google, Microsoft

share print story pdf email story

Recommended articles


Search

Loading

Follow


Best iPad 2 apps

We detail the best iPad 2 and iPad apps in the app store Which iPad app should you download?

Windows 8

All the features and details of the new Microsoft operating system explained What's new in Windows 8?

iPad 3 rumours

What comes next? We look at the possible features, leaks, images, specs and more

Pocket-lint poll

Q. Will you be buying a PS Vita?

Vote YES Vote NO

» LAST TIME
When asked Will Samsung be making a mistake if the Galaxy S III isn't shown at Mobile World Congress in February? 51% said yes and 49% said no