Yahoo, under intense pressure, reorganized its upper management Thursday in a plan designed to improve its products, underlying technology, and operational execution, the company said.
The new structure leaves Chief Executive Jerry Yang and President Susan Decker at the top of the org chart. As expected, Ash Patel and Hilary Schneider will report to Decker, with Patel leading a new audience products division, and Schneider in charge of go-to-market operations for the United States region.
Msg#: 3684625 posted 1:28 pm on Jun 27, 2008 (gmt 0)
I see more reorgs in the future. Their stock is off 25% or so after management rejected Microsoft's offer. It's hard to imagine shareholders being very happy if management fails to get things turned around in a hurry.
Msg#: 3684625 posted 2:10 pm on Jun 27, 2008 (gmt 0)
"The changes we're making today will help deliver superior global products for users and enable faster and better decision-making," Decker said in a statement. "This is a logical next step in light of our success last year in moving to a more centralized approach to developing world-class marketing products.
"We have planned these changes deliberately over the past several months to clarify responsibilities and to capitalize on the scale advantages while allowing for fine-tuning to meet local market needs," Decker said.
I don’t know about anyone else, but when I read serious gobbly-gook like this here, it tells me their making changes just for the sake of change.
“to capitalize on the scale advantages while allowing for fine-tuning to meet local market needs”