Inside Yahoo: Behind the Purple Curtain
Time Magazine came out yesterday with a special on "Inside Yahoo: Behind the Purple Curtain." Here is one of the articles in the special mentioning our dissident shareholder activity.
T H E B I G S E A T
Analysts expect that if CEO Terry Semel succeeds in wringing profits out of the company's new Panama advertising system, the project could be his last hurrah as leader. "Terry has no plans to leave the company and is energized about the future," says Helena Maus, Director of Corporate Communications. But others expect a change. "It looks like Sue [Decker] is going to get the prize when Terry decides to leave," says Youssef Squali, Internet analyst for Jeffries & Co. "My best guess is Terry puts Yahoo! on the growth path on the search side, sees the stock react favorably, and then he leaves. When? By the end of this year, or early next year." Dissident shareholder Eric Jackson says if the company looks beyond Decker for a leader from outside, other candidates could include Jonathan Miller, formerly of AOL, or Tom Freston, former Viacom CEO.
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