In a letter to the Yahoo! Board Chairman Roy Bostock, Jerry Yang wrote:
“My time at Yahoo!, from its founding to the present, has encompassed some of the most exciting and rewarding experiences of my life. However, the time has come for me to pursue other interests outside of Yahoo! As I leave the company I co-founded nearly 17 years ago, I am enthusiastic about the appointment of Scott Thompson as Chief Executive Officer and his ability, along with the entire Yahoo! leadership team, to guide Yahoo! into an exciting and successful future.”
NAME: Jerry Yang AGE: 43
NET WORTH: $1.1 billion; holds 3.6 percent stake in Yahoo Inc.
FAMILY HISTORY: Born in Taiwan, married to Akiko Yamazaki.
