Four years after taking over at Yahoo, CEO Terry S. Semel has the Internet giant on a blistering pace. Major search acquisitions in 2002 and 2003 have been successfully integrated, helping Yahoo's revenues rocket 120% in 2004 to $3.6 billion. Moreover, the Sunnyvale (Calif.) outfit's efforts to develop deeper relationships with its users have paid off. Touting such subscription services as online personals and high-speed Net access, Yahoo bolstered its number of paying customers by 71% to 8.4 million in 2004.
Such successes have helped drive up its stock by 18% to $38 in the 12 months ended June 1. Still, Yahoo has plenty of challenges ahead, particularly when it comes to rival Google, which is developing more competitive offerings, from personalized home pages to e-mail accounts and online mapping features.
All figures are for the most recent available 12 months.
* Latest available data for the 12-month period ended Dec. 31, Jan. 31, Feb. 29, Mar. 31, or Apr. 30. For companies that do not report quarterly, the most recent annual data were used.
Data provided by Standard & Poor's Compustat, BusinessWeek
Yahoo!, Inc. provides various online products and services to consumers and businesses worldwide through its Web site, www.yahoo.com. Its global network includes 25 world properties available in 13 languages. Yahoo! Search provides users with search results of Web sites. Yahoo! Local offers local information about merchants’ addresses, interactive maps, arts and entertainment news and events, and real estate properties in the United States. Yahoo! Autos offers information about buying, selling, leasing, and owning automobiles. The Yahoo! Shopping platform provides various shopping information, including consumer electronics, apparel, books, and flowers. Yahoo! Auctions creates a marketplace for buyers and both individual and corporate sellers. Yahoo! Travel provides research and booking functionality for consumers about leisure travel products, such as flights, hotel rooms, vacation packages, and cruises. Yahoo! HotJobs provides solutions for employers, staffing firms, and job seekers. Yahoo! Small Business provides various services to small businesses that enable a company to develop an online presence. Its Information and Content properties deliver information and entertainment to consumers, including media, finance, entertainment, information, and network services. The company's Communications and Consumer Services group provides various communication and content services to consumers and small businesses. These offerings include a suite of Yahoo! tools and services, including safety and security features, communications tools, compelling content, and an Internet browser. Yahoo! operates offices in the United States, Europe, Asia, Latin America, Australia, and Canada. The company has strategic alliances with SBC Communications, Inc., British Telecommunications plc., and Rogers Cable, Inc. Yahoo! was founded by David Filo and Jerry Yang in 1994. The company is headquartered in Sunnyvale, California.
No. of Employees
7,600
Data provided by
Terry Semel
Bio
Terry S. Semel has been Chief Executive Officer and Chairman of the Board of Directors of Yahoo! Inc., since May 1, 2001. Mr. Semel has led a successful transition of Yahoo! by identifying and pursuing new opportunities within its two core businesses, marketing services and consumer services. He has also assembled a talented executive team that has overseen the continued growth of Yahoo!'s global user base, a turnaround in Yahoo!'s marketing services offerings, and introduced new revenue opportunities, including sponsored search, listings and services bundled with high-speed Internet access. Mr. Semel served as a Chairman of Windsor Media Inc. (a diversified media company), from September 1999 to April 2001. From March 1994 to September 1999, Mr. Semel served as Chairman of the board and Co-Chief Executive Officer of Warner Bros. Division of Time Warner Entertainment LP ('Warner Brothers'), and Warner Music Group, entertainment and media companies, from November 1995 until September 1999. For more than ten years prior to that, he was President of Warner Brothers or its predecessor, Warner Bros. Inc. Like Yahoo!, Warner Bros. reaches billions of worldwide consumers through its vast stable of properties. Mr. Semel has been a Director of Polo Ralph Lauren Corp., since September 1997. He serves as a Director of Yahoo! Inc. and Guggenheim Museum. He served as a Director of Revlon Inc. since June 1996. Mr. Semel holds a B.S. degree in accounting from Long Island University.
* Latest available fiscal year
** The sum of the net value of options exercised and held in the latest available fiscal year
Key Executives
Terry Semel, Jerry Yang, David Filo, Dan Rosensweig, Susan Decker, Lloyd Braun, Michael Callahan, Chris Castro, Gregory Coleman, Toby R. Coppel, Cammie Dunaway, Dr. Usama Fayyad, Daniel J. Finnigan, John E. Marcom Jr., Ted Meisel, Wenda Harris Millard, Jim Moloshok, Farzad Nazem, Lars Rabbe, Geoff Ralston, Libby Sartain, Brian Steel, Jeff Weiner
Board Members
Jerry Yang, Eric Hippeau, Arthur H. Kern, Edward R. Kozel, Terry S. Semel, Ronald W. Burkle, Gary L. Wilson, Birgitta Elm-Dahlman, Robert A. Kotick, Roy J. Bostock
