Yahoo Chief Financial Officer Susan Decker will take over a reorganized advertising unit but will continue to serve as CFO

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(Continued) The RFS Newsletter, Dec. 9, 2006. Page 7
Meanwhile, Chief Financial Officer Susan Decker will take over a reorganized advertising unit but will continue to serve as CFO until a replacement is found, the company said. The new leadership assignments will take effect on January 1 next year, and the reorganization is expected to be completed by the end of March 2007. However, Stevens did say that no layoffs were being announced at this time.

Yahoo, which has suffered this year from important search market share losses, the delay of its new ad platform and a large drop in net profits, is realigning its business groups under three new operating units. The executives heading up the new units are set to report directly to Chief Executive Terry Semel. Semel said "we need a revitalized structure to heighten accountability and streamline decision making while at the same time allowing us to better focus on serving our key customers", in a blog posting.

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