Yang's exit doesn't fix Yahoo: board seeks new leader that can break culture of indecision, improve execution

Yahoo Inc. announces that its chief executive, Jerry Young, will step down. It is argued that Mr. Young's managerial style may have contributed to Yahoo's plummeting stock value, and declining revenue. On Tuesday, Yahoo's stocks rose 9% to close at $11.55 on the announcement of Mr. Young's departure. Article discusses the process to appoint Mr. Young's successor.