Yahoo Changes Commander Yang Zhiyuan, Another Strategic Failure?

by cactos on 2007-06-19 09:53:01

The news of Yang Zh远 reappointment as the CEO of Yahoo is undoubtedly the top headline today. Last week in Yahoo's board meeting, the shareholders' dissatisfaction with the board of directors reached its peak. One reason was their disappointment with Yahoo's lack of innovation and stagnation, another being the lawsuit filed by the mother of a Chinese journalist against Yahoo, which caused a moral asset bankruptcy for Yahoo. This is why Yahoo announced a change in its China policy, which seemed to be a prelude to this executive change.