Yahoo Chairman Fred Amoroso Resigns

news.yahoo.com

16 points·aashaykumar92··8 comments

> Yahoo Inc Chairman Fred Amoroso is resigning effective immediately, the struggling Internet company [my emphasis] announced on Thursday.

Ouch. I know the article comes from Reuters, but that phrase looks extra bad on news.yahoo.com.

Yahoo Inc Chairman Fred Amoroso is resigning effective immediately, the struggling Internet company announced on Thursday.

Amoroso said he had informed the Yahoo board when he became chairman in May 2012 that he intended to serve only one year

This is either shoddy journalism, sensationalist lede, or both. There's clearly more here but I guess the writer said, "Meh - this is good enough. I'll just post this" instead of researching deeper and finding out "Was the resignation planned far in advance or was this a shock to the Yahoo! folks?"

Does this mean anything? I doubt that he had much influence on Yahoo's future. I think the responsibility falls squarely on Marissa. Maybe they didn't get along? Another boardroom drama to surface soon?

'In a statement on Thursday, Amoroso said he had informed the Yahoo board when he became chairman in May 2012 that he intended to serve only one year "in order to help Yahoo during a critical time of transformation."'

If you read the press release they say he only wanted to serve for a year. No drama then.

Funny that Yahoo! News is sourcing from Reuters.

Why is that funny? Yahoo's news strategy has always been centered on aggregation. Do they even have any staff writers any more?

Yes, for blogs like these: http://news.yahoo.com/blogs/ http://sports.yahoo.com/blogs/

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