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Yahoo’s Semel steps down as chairman (AP)

Published January 31st, 2008 in Uncategorized.

Yahoo! chairman Terry Semel talks on his cell phone during lunch at the annual Allen and Co.'s media conference in this Wednesday, July 11, 2007, file photo in Sun Valley, Idaho. Semel stepped down as Yahoo Inc.'s chairman Thursday, Jan. 31, 2008, surrendering his position presiding over the slumping Internet icon's board 7? months after he resigned as chief executive under shareholder pressure. (AP Photo/Douglas C. Pizac)AP - Terry Semel stepped down as Yahoo Inc.'s chairman Thursday, severing his ties with the slumping Internet icon 7 1/2 months after he resigned as chief executive under shareholder pressure.


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