Nov. 17, 2008: Search engines Inc. says co-founder Jerry will phase down as CEO as soon as a replacement is found. It ends a rugged leadership noticeable by Yang's rejection to provide the Organization online to Ms Corp. for $47.5 million, or $33 per share, in May 2008. Yahoo's panel had been experiencing pressure to push him out as its inventory stepped to its lowest levels since early 2003 and well below Windows last provide price.
Jan. 13, 2009: Search engines brands technological innovation expert Mom Bartz as its new us chief executive, bringing in a no-nonsense leader known for developing a clear concentrate.
Feb. 26: Search engines declares a management shake-up. Primary Economical Official Blake Jorgensen is encouraged out, while Yahoo's chief technological innovation officer and its top promotion professional in the United States get extended responsibilities.
April 21: Search engines declares programs to cut nearly 700 tasks, or about 5 % of its workers.
June 3: At an traders conference, Bartz says a transformation will take time. She also performs down talk of turning over Yahoo's look for functions to Ms.
June 11: Search engines employs a cost-cutting specialist, Tim Morse, as its new chief financial officer.
June 25: At a traders conference, Bartz looks for to guarantee traders that she will enhance Yahoo's ruined brand and end a three-year financial rut that has frustrated the organization's inventory.
July 29: Ms and Search engines declare a 10-year look for cope. Search engines turns over liability for look for technological innovation to Ms, while Search engines specializes in revenue of billboard-style promotion on the Web.
Feb. 18, 2010: Authorities in the U.S. and European countries accept the look for collaboration.
March 2: In asking for perseverance, Bartz points to the decades it took Bob Jobs to restore Apple Inc. after his return in 1997.
Oct. 7: Search engines comes out new tools to get people to the information they search for more quickly, especially when searching about enjoyment, sports and major events. The hope is to tell apart itself from its Search partner, Ms, because Search engines gets a cut of ad earnings when queries are done on its own site.
Dec. 16: Word leaking of solutions that Search engines is thinking of closing down, days after it shed 600 workers, or about 4 % of its workers.
May 10, 2011: Search engines creates a surprise disclosure that Alibaba Group, one of China's most powerful Small businesses, had unique off its online payment service, Alipay. The divided causes traders to re-evaluate the value of Yahoo's then-43 % share in Alibaba.
June 23: Search engines Chair Roy Bostock looks for to prevent rumours about Bartz's job security at Yahoo's yearly traders conference, only to have it captivated again at the end of the period by an frustrated trader.
Sept. 6: Search engines shoots Bartz after less than three decades on the job. Morse, the primary financial officer whom Bartz attracted from chip-maker Altera Corp., is known as temporary CEO.
Jan. 4, 2012: Search engines brands Scott Thompson, chief executive of eBay Inc.'s PayPal department, as Yahoo's new CEO, its fourth in less than five decades.
Jan. 17: Co-founder simply leaves the organization as he steps down from the panel of administrators. He had been on Yahoo's panel since its 1995 beginning.
Feb. 7: Chair Roy Bostock and three other long time selected panel associates say they won't search for re-election to give Thompson an improved team of separate administrators. Many Search engines traders had been clamoring for Bostock to phase down since the organization balked Windows 2008 takeover provide.
March 25: Search engines declares three new selected panel associates, preparing for a proxies fight with one of its biggest traders, Third Factor LLC, which is trying to win four carseats on Yahoo's panel.
March 28: Protect finance manager Daniel Loeb, who manages a 5.8 % share in the organization through his Third Factor finance, explosions Yahoo's panel sessions as "illogical."
April 4 Search engines declares programs to lay off 2,000 workers, or about 14 % of its workers. The cuts are part of an renovation aimed at concentrating on what Thompson considers are Yahoo's strong points while also trying to address its flaws in the increasingly important traveling with a laptop market.
April 6: Thompson shows a plan to rearrange the organization into three main departments focused on customers, marketers and technological innovation. It will take effect on May 1. Search engines considers the new structure will improve users' experience with Search engines, work with marketers in different areas of the planet and enhance the organization's technological innovation group.
April 17: Search engines reviews first-quarter earnings, the first outcomes under Thompson. The firm shows signs of moderate progress. Net earnings increased 28 % from a season ago. Revenue increased less than 1 %, but it's a cutting-edge because the organization's earnings has been continuously falling for decades.
May 3: Loeb, the unhappy Search engines investors, questions Thompson's requirements and reliability after revealing a misunderstanding about the executive's education. Search engines verifies that Thompson doesn't have a bachelors level in information technology from Stonehill College, as Search engines previously mentioned. Thompson only has an bookkeeping level from Stonehill. Search engines places blame an "inadvertent error" and says its panel will examine.
May 4: Loeb calling on Search engines to fire Thompson and gives the organization a Friday due date.
May 7: Timeline passes with Thompson still on the job. Loeb's Third Factor creates a lawful demand for internal records about Thompson's hiring. In a memo to workers, Thompson apologizes for the disruptions caused by furor without offering an explanation on who was responsible. He also guarantees to work with an research by Yahoo's panel.
May 8: Patti Hart, who led the panel that employed Thompson, surrenders her panel seat, becoming the first victim in the dust-up. Hart says she made the decision to not to search for re-election to Yahoo's panel to pay attention to her job as CEO at gambling machine manufacturer International Game Technology. Search engines also says its sensor / probe will be managed by a panel of three administrators who signed up with the organization's panel after Thompson was employed.
May 13: Thompson is out at Search engines. Ross Levinsohn, who manages Yahoo's media and promotion solutions globally, is known as temporary CEO.
May 20: Search engines confirms to provide 50 percent of its valued share in China e-commerce group Alibaba for about $7.1 million. The cope involves Alibaba to buy back 50 percent of the 40 % share that Search engines has in the China company for $6.3 million money and up to $800 million of Alibaba preferred stocks. After paying taxation, Search engines desires to get about $4.2 million. Most of the money is predicted to go to traders.
June 18: Search engines says Eileen Barrett, a former co-worker of its temporary CEO, will run Yahoo's promotion revenue staff as chief earnings officer.
July 6: Search engines and Facebook or myspace accept settle a certain argument, avoiding a potentially long lawful battle. They also accept an promotion collaboration that could help Search engines restore some of the earnings lost as marketers switch spending to a larger, more involved viewers at Facebook or myspace. Hulu explains that its CEO, Jerr Kilar, has made the decision not to engage in the top job at Search engines, leaving Levinsohn as the lead selection to be lasting CEO.
July 12: Thompson looks upset traders at yearly traders conference. Addressing doubtful asking, Levinsohn stocks like someone who predicted to be running Search engines for more than just a few months.
Monday: Search engines brands long time Search engines professional Marissa Mayer as its next CEO, effective Wednesday.
Tuesday: On Mayer's first day on the job, Search engines reviews bad every one fourth outcomes, underscoring the difficulties she will face. Second-quarter net earnings dropped 4 % from a season ago, and modified earnings were short of objectives. Revenue dropped 1 %.
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