Does any legitimate candidate want the job of running Yahoo! (NASDAQ: YHOO)? It seems not. According to The Wall Street Journal one of the top candidates is the former CEO of cellular carrier Vodafone (NYSE: VOD), Arun Sarin.
While the search engines and portal companies are trying to move their products to wireless platforms. Sarin has no significant experience in the technology behind search, the content issues of building a portal like Yahoo!, or getting marketers to put more advertising on the company's sites.
If Sarin is the final choice, it will be an indication that no important media or internet executive was willing to take the job. There are already rumors that the COO of News Corp. (NYSE: NWS), Peter Chernin, turned down the chance to interview for the position.
One of the problems with getting a new chief is that no one know what will happen to Yahoo!'s search business. Will it be bought by Microsoft (NASDAQ: MSFT)? There is also the open issue of whether Yahoo! will merge with AOL and who will ultimately run that company.
In other words, no sane person wants the job.
Douglas A. McIntyre is an editor at 24/7 Wall St.
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Reader Comments (Page 1 of 1)
12-09-2008 @ 9:24AM
Annalise said...
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12-09-2008 @ 9:18AM
Virgil Bierschwale said...
Perhaps the non traditional applicants will do a better job.
At least I know that if I were offered the job, I would not be offshoring America's source's of tax revenue that are necessary to keep out towns, counties, states and country running.
Virgil
http://www.KeepAmericaAtWork.com
12-10-2008 @ 8:32AM
Michael Murdock said...
Am sane, want the job, already have a team, already ready to get to work, Yahoo is not listening and neither is the mainstream media unfortunately. If they were, this race would have been over a long time ago.
Michael Murdock, CEO
DocMurdock.com
http://www.docmurdock.com/yahoo.htm
read a bit of our plan there.