Yesterday saw the much anticipated announcement of Yahoo’s board level restructuring. Board room shuffles aren’t normally that exciting, but when the company is Yahoo, and that Yahoo has such an important role in the future of social publishing, this announcement is worth mentioning. Jerry Yang, Yahoo’s Co-Founder steps back up to the platform as CEO, “The title of Chief Yahoo takes on new meaning today. I have the great honor of stepping into the role of Yahoo!’s Chief Executive Officer. Yahoo! has an incredibly bright future and I make this move with deep conviction and enthusiasm. I’ve partnered closely with our executive teams for 12 years to steer our strategy and direction and today I’m ready for this challenge.”
Jerry Yang co-created the Yahoo! Internet navigational guide in April 1994 with David Filo and co-founded Yahoo! Inc. in April 1995.