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Yahoo, Jerry Yang Timeline Tuesday, April 24 Bookmark and Share     Author
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Jerry Yang Out As CEO
Yahoo founder Jerry Yang resigns

year 2012 Top ^

  Yang founded the online company in 1995 with David Filo and was its chief executive from June 2007 until January 2009. He resigned from its board
 Yang annoyed some shareholders by turning down a $47.5bn takeover offer from Microsoft in 2008

year 2008 Top ^

  Jerry Yang plans to step down, ending a tenure that was marked by a slumping business and failed takeover by Microsoft
 A search for a successor has already started; Yang will resign after his replacement is found. He took the helm last year as the company started listing in the face of stiff competition from Google and its second place status in search

  Analysts believe stock price, which had climbed 50% since Microsoft's initial offer, will surrender most, if not all, of that gain

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