Performance Blog

Maybe it was his Compensation at $34,135 per hour

by Sean McMahon | June 18, 2007

I just caught the news across the wire that original co-founder Jerry Yang has replaced Terry Semel as CEO at Yahoo!. Apparently the Wall Street community is not especially pleased with the Internet behemoth’s stock performance over the past couple years. Of course, the fact that the stock remained stagnant during the same time period that Semel received more than $71 million in compensation might also have rubbed a few investors the wrong way.

Here’s the article in its entirety:

Yahoo Replaces CEO Terry Semel With Yang
Monday June 18, 4:45 pm ET
By Michael Liedtke, AP Business Writer

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