• December 6, 2006

Yahoo Tuesday said that Chief Operating Officer Dan Rosensweig and media group head Lloyd Braun will leave the company as part of a major reorganization. Additionally, in a promotion, Chief Financial Officer Susan Decker was tapped to oversee a new unit that will focus on advertising. Decker will continue as CFO until a replacement is found. Rosensweig will depart in March, while Braun resigned Tuesday. The shake-up came after months of intense public scrutiny stemming from a host of negative reports about the company. In September, CEO Terry Semel told investors that Yahoo had seen a slowdown in growth in the automotive and financial sectors. The next month, talks to acquire college-oriented site Facebook reportedly stalled, despite a reported $1 billion offer for the company. -- Wendy Davis