Yahoo! (YHOO) CEO search gets out of hand

{ Posted on Dec 09 2008 by Douglas McIntyre }
Categories : BloggingStocks

Filed under: , ,

Does any legitimate candidate want the job of running Yahoo! (NASDAQ: YHOO)? It seems not. According to The Wall Street Journal one of the top candidates is the former CEO of cellular carrier Vodafone (NYSE: VOD), Arun Sarin.

While the search engines and portal companies are trying to move their products to wireless platforms. Sarin has no significant experience in the technology behind search, the content issues of building a portal like Yahoo!, or getting marketers to put more advertising on the company's sites.

If Sarin is the final choice, it will be an indication that no important media or internet executive was willing to take the job. There are already rumors that the COO of News Corp. (NYSE: NWS), Peter Chernin, turned down the chance to interview for the position.

One of the problems with getting a new chief is that no one know what will happen to Yahoo!'s search business. Will it be bought by Microsoft (NASDAQ: MSFT)? There is also the open issue of whether Yahoo! will merge with AOL and who will ultimately run that company.

In other words, no sane person wants the job.

Douglas A. McIntyre is an editor at 24/7 Wall St.

Yahoo! (YHOO) CEO search gets out of hand originally appeared on BloggingStocks on Tue, 09 Dec 2008 03:47:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments
This entry was posted on Tuesday, December 9th, 2008 at 4:47 am and is filed under BloggingStocks. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.

Post a Comment