Jun 19, 2007 • 1 min read

Yahoo! appointments

Terry Semel steps down as Yahoo! CEO, handing over to co-founder Jerry Yang, while Shannon Ferguson is promoted to European MD for Music and Entertainment.

The Chairman of Yahoo!, Terry Semel, has ended his six year tenure as CEO for the web company, and will now hand over the reins to co-founder Jerry Yang, though he will stay on as a Non-exec Chairman. Yang has also appointed Susan Decker as President. So, there you go.

On more musical matters, but staying with Yahoo!, the web firm has announced it has promoted Shannon Ferguson to the role of European MD for Music & Entertainment, with Ventura Barba taking over Shannon's role of European GM for Music.

Here's what Yahoo! Regional VP Stephen Taylor has to say: "Shannon's strategic vision, sheer determination and drive have built Yahoo! Music over the last few years, making it the number one music site in Europe, an enormous accomplishment. We are very excited about this move, the wealth of experience Shannon brings to the role, and being able to watch her develop our entertainment products into an even stronger offering for our users and advertisers".

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