Amid the flurry of stories about Jerry Yang’s resignation as Yahoo’s CEO, two posts stand out.  The NY Times reported that Yahoo’s market value rose $2.3 billion in pre-market trading this morning, hours after Yang’s resignation was announced.  TechCrunch put the increase at 1.8 billion.  (BTW other companies, Apple, for example, have the opposite problem.)

I know a CEO is supposed to have thick skin, but, c’mon, it must really hurt when your company’s valuation shoots up the minute you say you’re leaving.

Submitted by: Dan Giancaterino, Education Services Manager
on November 18, 2008 - 3:24 pm

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