iEntry 10th Anniversary RSS Newsletter Advertising
Join the WebProWorld Forum!
Text: Decrease Font Size Increase Font Size | Print Print Article | Share: Delicious Digg StumbleUpon Post to Twitter Post to Facebook
4 commentsWednesday, June 11, 2008

Yahoo Exec Expected To Leave

Two new jobs and daddy duty call

The executive vice president of Yahoo's network division may be heading out the door.  Jeff Weiner apparently plans to return from a four-week paternity leave, but rumor has it he won't stick around for long afterwards.

Weiner's personal situation makes it easy to understand such a move - concerns about sleep and hygiene aside, most folks enjoy spending time with their newborns.  Also, Yahoo's not the world's most stable company, and so unless the new dad wants to bet on its in-case-of-Icahn severance plan, leaving on his own terms seems like a reasonable precaution.

Jeff Weiner
 Jeff Weiner

As for where Weiner will put in some hours (retirement's not in the cards), Kara Swisher reports, "Several sources in Silicon Valley's voluble venture community confirm the high-ranking exec has been offered and seems likely to accept a spot splitting his time as an executive in residence at two firms-Accel Partners and Greylock Partners.  Both firms are the home of several former Yahoos and also are deeply invested in the Web 2.0 consumer market, including each having a stake in Facebook."

Accel has ties to comScore, Trulia, and Wal-Mart, as well, while, Greylock is connected to Digg, Farecast, and LinkedIn.  Not bad.

Weiner's departure - assuming it occurs at all - is likely to take place before Yahoo's August 1st stockholder meeting.  Place your bets now on whether the next round of nasty letters between Carl Icahn and Roy Bostock will mention the possibility.

News Tags: Yahoo, personnel
About the author:
Doug is a staff writer for WebProNews. Visit WebProNews for the latest eBusiness news.

RE: Yahoo high ranking in the market place.

The economy is at a good position for any busines re finance is the word.  Yahoo is being chased and haunted by others who want a piece of the pie. 

If something is working well don't fix it.   All these high profile companies you know who I am referring to.  If it wasn't for the people in Yahoo, it wouldn't be so attractive to outsiders.

Do you think investors want to get on board, if the ship is sinking? All companies have to weather a storm but keep your coarse. The waves will subside.  Walk on water and watch your not sinking. 

Why desert the ship?  Stay the course.  Focus on your Yahoo. You've been there since the beginning.  You didn't give into Micro Soft.  Refinance you have a well built foundation or no one would be paying you any mind.

Well, I've spoken my peace.  Hope that the light will shine through the Yahoo Group as a team player.

Watching for the next wave and expecting great things in the future from Yahoo and so far its be a good thing.

Best Regards,

Longfield

http://writers-box.blogspot.com

 

 

 

Couldnt have anything to do with...

This doesn't surprise me, and its good timing that there is a newborn there to fuzz out the realities of this one. It doesn't take a genius to see that slowly, year and after Yahoo, is finding it more and more difficult to keep up with consumer needs, while Google seems to often get it right. With MSN pouring countless billions of dollars toward web initiatives it makes it very tough to compete. Perhaps if Yahoo worked o he quality of search, then they would win new fans over.

Publish A Comment

The content of this field is kept private and will not be shown publicly.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Allowed HTML tags: <a> <em> <strong> <cite> <code> <ul> <ol> <li> <dl> <dt> <dd>
  • Lines and paragraphs break automatically.
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.
2 + 0 =
Solve this simple math problem and enter the result. E.g. for 1+3, enter 4.
SEARCH
Popular WPN Business Resources












Subscribe to WebProNews


Send me relevant info