Friday, June 20, 2008

3 more Yahoo execs reportedly jumping ship

DSCF2344


Yahoo Inc.'s management ranks are rapidly thinning as the Internet pioneer fends off a shareholder mutiny threatening to culminate in the firing of Chief Executive Jerry Yang.



Three more executives have decided to jump ship, according to reports published Thursday by two blogs - AllThingsD and Techcrunch - and The New York Times. The reports were based on unnamed people with knowledge of the departures.

[From 3 more Yahoo execs reportedly jumping ship]

This is the nice thing about being rich. When things don't go out their way, you can pack up and leave, looking for greener pastures (natural turf?).


The company is about to tank because the CEO did something stupid? No problem, just pick up your golden parachute, your stock options and your Elvis jump suit and off you go.


The common folk of course can't do that. They can't afford principles and a mortgage in Silicon Valley at the same time, so they'll probably stick around at least until some sucker pulls their resume out of Monster.com. The only exception for this is of course Jerry, he has nowhere to go.



0 comments: