Printed from http://www.electronista.com

Yahoo refocuses on CEO hunt, eyes Hulu chief

updated 03:50 pm EST, Wed December 21, 2011

Slot critical to attracting possible investors

Since September, Yahoo has been searching for potential buyers for itself. Although there have been many potential suitors, with no apparent deal close at hand, the company is now refocusing itself on permanently filling the CEO slot, which has been vacant since Carol Bartz was fired abruptly three months ago. All Things D, citing its sources, claims that Yahoo's board is looking at Hulu's CEO Jason Kilar.

Yahoo currently has a market capitalization of about $18.4 billion. Companies that are reported have taken a look at Yahoo have included Microsoft and Chinese e-commerce giant Alibaba, in which Yahoo has a 40 percent stake. Yahoo, however, is reported to have changed its intent to attracting a partial investment by private investment concerns rather than an all out acquisition. Two such potential investors are Thomas Lee Partners and Silver Lake Partners.

To attract even a minority investment, Yahoo needs to reestablish confidence in its management. Finding permanent CEO would be the first necessary step. Beyond Kilar, other rumored candidates for the position include Google's Nikesh Arora, Juniper CEO Kevin Johnson, online advertising entrepreneur Brian McAndrews, and Yahoo board member David Kenny.



By Electronista Staff
toggle

Comments

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

toggle

Most Popular

Sponsor

Recent Reviews

Cat B100

Cat is primarily known for its heavy-duty machinery used in the construction industry and farming, among other areas. What may not be ...

Linksys EA6900 AC Router

As 802.11ac networking begins to makes its way into more and more devices, you may find yourself considering an upgrade for your home ...

D-Link DIR-510L 802.11AC travel router

Having Internet access in hotels and other similar locations used to be a miasma of connectivity issues. If Wi-Fi was available, it wa ...

Sponsor

toggle

Most Commented

 
toggle

Popular News