Day in Tech History

November 17, 2008: Jerry Yang Steps down as Yahoo! CEO


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<img width="488" height="591" data-tf-not-load src="https://dayintechhistory.com/wp-content/uploads/2012/11/Jerry_Yang.jpg" class="attachment-full size-full wp-post-image" alt="" decoding="async" srcset="https://dayintechhistory.com/wp-content/uploads/2012/11/Jerry_Yang.jpg 488w, https://dayintechhistory.com/wp-content/uploads/2012/11/Jerry_Yang-247x300.jpg 247w" sizes="(max-width: 488px) 100vw, 488px" />

<img decoding="async" width="247" height="300" data-tf-not-load src="http://vid.geekazine.com/dith/uploads/2012/11/Jerry_Yang-247x300.jpg" alt="" class="wp-image-20257" srcset="https://dayintechhistory.com/wp-content/uploads/2012/11/Jerry_Yang-247x300.jpg 247w, https://dayintechhistory.com/wp-content/uploads/2012/11/Jerry_Yang.jpg 488w" sizes="(max-width: 247px) 100vw, 247px" />Jerry Yang

2008 – After battle upon battle between Microsoft, Google and shareholders (including Carl Icahn), Jerry Yang finally announced to all he was stepping down as CEO of Yahoo! The previous days, Steve Ballmer said they are not going forward with any future purchase of Yahoo! Because of this, stock hit it’s lowest share price, $8. That, the failed Google affiliation (due to antitrust issues), and a very despondent group of investors, Jerry felt it best to step back in his roll.

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