Grass-Roots Yahoo Shareholder Wants to Boot Terry

A small Yahoo shareholder, Eric Jackson, is trying to organize a grassroots web campaign to complete the baby-step shakeup Yahoo announced last month.  The idea of organizing shareholders via the web  is an excellent one (albeit quite challenging), and Jackson has already made some progress.  The Street's Vishesh Kumar has a good piece about the effort.

Chief among Jackson's Yahoo proposals is to immediately promote Sue Decker to CEO.  I agree wholeheartedly with this, because I think otherwise the company will be in suspended animation until the new CFO and Group Head are in place and Terry's successor is clear (a process that could take at least a year).  This isn't an anti-Terry position; it's just a pro-Yahoo one.  Until the shakeup has been completed and the company's management structure is clear, every valuable employee will have only one eye on the business.  The other will be on the "send" button, ready to send out their resumes.

Comments

[bob]

and so... what about skype??

[Neal S. Lachman]

Henry,

Thanks for the article. I commented on Eric's blog.

http://breakoutperformance.blogspot.com/2007/01/shareholder-activism-blogging-and-plan.html#comment-2928189447337357664

[michael]

Henry is a pompous ignorant ass in regards to his Slate writtings on George Bush

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[Victor]

http://www.wired.com/news/wiredmag/0,72497-0.html

How Yahoo Blew It, by Fred Vogelstein from Wired.

[Victor]

http://www.pbs.org/cringely/pulpit/2007/pulpit_20070119_001510.html

"Topix.net founder Rich Skrenta recently took a similar approach to argue that Google, like PayPal, has already won the game and represents to most users the face of the Internet. Skrenta (in this week's links) argues that Google's dominance of search and advertising is so profound that most competitors -- especially Yahoo -- would probably be better off NOT even attempting to compete and simply let Google handle search and advertising while Yahoo provides content. He's probably correct."

[Mike]

To Victor:

http://www.wired.com/news/wiredmag/0,72512-0.html

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