Wednesday, July 9, 2008
Carl Icahn’s CEO Search
Here’s a way Yahoo CEO Jerry Yang can needle activist investor Carl Icahn, using an famous old ad tag line:
Where’s the beef?
Specifically, who’s going to mind the store if Icahn actually manages to win his proxy fight against Yahoo’s board and makes good on his promise to fire Yang?
Because if there is one thing that is hurting Icahn’s chances, it is the worry among major Yahoo investors that he simply cannot run Yahoo, even for a short time.
So, of course, he is out beating the bushes for a suitable CEO.
