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Article: Yahoo shake-up gives trusted CFO a larger role: NEW RESPONSIBILITIES SEEN AS POSSIBLE STEP TO CEO POSITION.
- Article from:
- San Jose Mercury News (San Jose, CA)
- Article date:
- December 8, 2006
CopyrightCOPYRIGHT 2006 San Jose Mercury News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Elise Ackerman and Connie Loizos
Dec. 8--A few years ago, a Wall Street analyst challenged a forecast Yahoo Chief Financial Officer Susan Decker was making about the Internet giant's revenues. If Yahoo made its number, it would snow in Sunnyvale, Lanny Baker of Salomon Smith Barney mocked. The next quarter Baker showed up at an all-hands meeting carrying cold, white stuff from Tahoe.
"People trust her," said Lisa Nash, a former Yahoo marketing executive. "They trust her when times are good, and they trust her when times are bad." On Tuesday, Yahoo announced a major reorganization that expanded Decker's responsibility and appeared ...