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Change of leadership in Yahoo! and at the head of Symantec

He put his waist on Yahoo! CEO Jerry Yang is stepping down. The CEO of Symantec also announced his resignation.

 

On Monday, Yahoo! announced that Jerry Yang, the company’s co-founder, will step down as CEO as soon as his successor has been selected. Yang has been on Yahoo! and has been in the crossfire of shareholders in recent months after thwarting a takeover attempt by Microsoft. At the time, the Redmond company offered $ 33 a share for Yahoo !, but the company’s management was underestimating the amount. In comparison, on Monday, Yahoo! its shares closed at $ 10,63.

Change of leadership in Yahoo! and at the head of Symantec
Jerry Yang (Yahoo!)

According to the Financial Times, Yahoo! through a bounty hunter company, he searches for Yang's successor, who will remain in the leadership. According to the statements, the CEO will leave by mutual agreement. Yahoo President Roy Bostock said: "Jerry and the board have been constantly discussing the timing of the succession, and we have all agreed that now is the time to appoint a new CEO who can take the company to a new level." A similar statement was made by Yang, who even two weeks earlier, at a conference in San Francisco, denied that he was preparing to leave.

He also announced on Monday that he will resign as CEO of Symantec. John Thompson, now 59, has successfully transformed a home security solutions company into a global enterprise software vendor over the past decade. In recent years, Symantec has expanded its portfolio and market with acquisitions; its largest acquisition was the acquisition of Veritas in 2005, valued at no less than $ 10,5 billion.

Change of leadership in Yahoo! and at the head of Symantec
John Thompson (Symantec)

"I've always thought it was just enough to spend ten years in this position." Thompson said after the announcement. His successor, Enrique Salem, Chief Operating Officer of the company, will take over from John April 2009, 4.

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