2007 saw more key executives leaving their posts than those joining companies. We take a look at who left their hot seats last year and why.
Struggling search company Yahoo has a new chief executive, with Terry Semel stepping down after six years on the job, while Jerry Yang is stepping up to lead the company he co-founded in 1994.
Yahoo chief executive Terry Semel, the highest compensated executive in the San Francisco Bay Area last year at more than US$56.8 million, will receive an annual salary of US$1 through 2008, according to documents made public Friday by the US Securities and Exchange Commission.
Yahoo doesn't want Google to get all the acclaim as the hotbed of innovation on the Web.
Some high-ranking Yahoo executives have taken new roles at the Web portal, as newly appointed Chief Executive Terry Semel settles into his two-month-old job with a little help from his friends in Hollywood.
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