According to pretty much everyone, troubled Yahoo CEO Jerry Yang is leaving troubled Yahoo. Hard to say whether he was a victim of poor timing (trying to do big deals in a deal-averse market), supremely arrogant or a little out of touch with what the rest of the world (read: board) wanted but, whatever the reason, things just weren't working out.
And compounding Mr. Yang's misfortune, his timing for departure was off by some matter of months so that, if there is any justice in the world, he won't receive a Bob Nardelli-esque payout on the way out the door.
Thinking in terms of time and money, it probably would have been a better deal for Yahoo investors had Mr. Yang departed a year or so earlier, received a big payout but left some value in the company in terms some sort of deal with a Google or Microsoft. It might have stung some but at least it would have been a lopsided swap of millions for billions.
Lastly, I have to say that I have only seen Jerry Yang on WSJ's website tonight and in the photo above from Wikipedia. That said, I am a huge fan of the comb-over/comb-back being sported in this photo; I'm putting money on white socks to round out the ensemble.
PS — please don't confuse this Jerry Yang for that Jerry Yang.
