Semel out at Yahoo!

Personally, I felt like this was a long time coming but surprised with who took over. Yahoo seemed to be late to the party too many times under the Semel regime and was losing ground to Google, who always seemed to beat them to the punch either in technology innovation or aquisitions.

Jerry Yang, who started Yahoo 12 years ago as a Stanford student, will take over the reigns. I think Yang will prove to be a filler until they find a bigger named CEO to lead the company. It's one thing to be intimate with the company but another thing to be a part of a executive management team.

I thought Susan Decker would have been a better pick. She was a lift quicker to make decisions like shutting down Yahoo Photos after the Flickr acquisition and migrating the Yahoo users over to the better service. She was elevated to el presidente.

This will def be worth watching in the future and Yang is going to need all the luck he can get.