Kawika

Going, Going…Gone!

Well, it’s official: Jerry Yang is stepping down as Yahoo’s CEO, once again to assume the role of “Chief Yahoo.” (Some might argue that he has been playing exactly that role for the past 2 years, but no matter.) With a stock price hovering at ten and change and the Google ad deal dead in the water, the board’s decision to make a CEO change is not exactly surprising. I just wonder who will take on the challenge. Whoever it is, my bet is that s/he will insist on a huge golden parachute in case of — ahem — an acquisition. I know I would.

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