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Read more with google mobile : Former Vodafone head up for Yahoo CEO post: WSJ

Navigation Primary Navigation Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Secondary Navigation Search Search: Former Vodafone head up for Yahoo CEO post: WSJ AFP - 2 hours 22 minutes ago NEW YORK (AFP) - - Yahoo's board of directors is moving closer to choosing a new chief executive and the former head of Vodafone Group PLC is among those being considered, The Wall Street Journal reported on Tuesday. The newspaper, citing "people familiar with the matter," said Arun Sarin, 54, who retired as CEO of Vodafone, the British mobile phone giant, in July, is among the candidates under serious consideration. It said the references of a few key candidates from other Internet giants and technology companies were being checked "although a decision is likely to be weeks away at the earliest." Yahoo has been looking for a new CEO since co-founder Jerry Yang announced last month he would step down from the post after just 18 months at the helm of the Sunnyvale, California, Internet company. Yang earned the ire of many shareholders for rejecting a 47.5-billion-dollar takeover bid by US software giant Microsoft which valued the company at 33 dollars a share. Yahoo has been trading since then for around 10-12 dollars a share. Yahoo has been losing ground on the Internet to companies such as Google and social networks like MySpace and Facebook and the economic slowdown has hit the firm particularly hard as advertisers cut back on spending. Yang's departure came less than a month after the company announced plans to lay off at least 10 percent of its workforce, some 1,400 employees, because of the weak economy. Email Story IM Story Printable View Blog This Recommend this article Average (0 votes) Sign in to recommend this article » Most Recommended Stories » Related Articles: Internet Portals & Search Engines New European online library to remain down until JanuaryAFP - 47 minutes ago Former Vodafone head up for Yahoo CEO post: WSJAFP - 2 hours 22 minutes ago Microsoft says ready to cut time search data heldAFP - Tuesday, December 9 US retail king Wal-Mart to reportedly sell iPhoneAFP - Tuesday, December 9 Related Articles: Technology New European online library to remain down until JanuaryAFP - 47 minutes ago Former Vodafone head up for Yahoo CEO post: WSJAFP - 2 hours 22 minutes ago Microsoft says ready to cut time search data heldAFP - Tuesday, December 9 US retail king Wal-Mart to reportedly sell iPhoneAFP - Tuesday, December 9 Electronic Arts and 2K add reality to videogames with PhysXAFP - Tuesday, December 9 Enlarge Photo Then chief executive of Vodafone Arun Sarin speaks during a press conference at the Mobile World Congress in Barcelona, February 2008. Yahoo's board of directors is moving closer to choosing a new chief executive and Sarin is among those being considered, The Wall Street Journal reported on Tuesday. Related Photos Slideshow Full Photo Coverage: Internet Portals & Search Engines Related Full Coverage Internet Portals & Search Engines Latest development in the online world All Full Coverage Most Popular – Technology Viewed Financial crisis tipped to cut cost of air travel New recession warnings hit leading economies Muslim pilgrims stone Satan at the hajj Stocks take flight on prospects for anti-recession moves Oil price falls below $40 View Complete List » Search: Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular

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