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Jan 9 2009

Yahoo nearing decision for its new CEO

Saad Ali Abbasi 

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Time is nearing-up on a decision for Yahoo’s new CEO; it is expected that the company will decide by next week. Reports suggest that someone from outside the company will take up the post. WSJ source states that Carol Bartz, former CEO of Autodesk is a nominee, whereas Yahoo President Sue Decker, an insider, could also take up the post. To recall our readers, on November 17 Yahoo announced that (current) CEO Jerry Yang would step down, as and when a replacement is found. Yang is going to play his role as Chief Yahoo and on grab a place in the board of directors.

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