Yahoo President Decker Is Leaving

As Yahoo gets a new chief executive, company president Sue Decker announces she's leaving the company.

Yahoo has a new chief executive as Carol Bartz replaces Jerry Yang, but it’s now looking for a new president. In the wake of the appointment, Sue Decker announced she’d be resigning from the post as soon as a replacement can be found.

Decker, who served as president under Yang and his predecessor Terry Semel, was believed to be a candidate for the chief executive post at one point, according to Vnunet. However, her loyalty to her boss might have cost her that chance in the wake of the Microsoft acquisition fiasco.

Yahoo chairman Ray Bostock said:

"The Board thanks Sue for her service as President, the important contributions she has made to Yahoo!’s development in a variety of roles over the past 8-1/2 years, and her willingness to work with Carol Bartz to ensure a smooth transition."

"We respect her decision to move on to other challenges and wish her only the best."