Posted 02/06/09 at 10:34:18 AM by Paul Lilly

After serving three years at the helm, Lenovo CEO William Amelio handed in his resignation. The timing of Amelio's departure comes amid dismal quarterly numbers for the company, which includes a $96.7 milion quarterly loss. It's the first time in several years since taking over IBM's personal computer division that Lenovo has fared so poorly. But is Amelio to blame?

"My take on his departure was that he was really the fall guy for Lenovo's problems in the last year or so -- and rightfully so in some respects, because a lot of these issues came under his tenure," said John Spooner, an analyst with Technology Business Research. "I think that if Lenovo had been a little more successful, he may have stuck around for a bit."

Amelio's resignation comes at the end of his three-year contract, during which time Lenovo gave up market share in the enterprise sector to Dell and HP.

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Posted 11/19/08 at 10:35:38 AM by Paul Lilly

Yahoo co-founder and chief executive Jerry Yang has spent the better portion of 2008 staving off a takeover attempt by Microsoft that threatened to go hostile, a decision that hasn't always been a popular one with Yahoo shareholders. Nor has it sat well with the 10 percent of employees facing a job cut by the end of the year. Now, just 18 months after stepping into the role of CEO, Yang has announced his pending resignation and will return to his role as Chief Yahoo once a successor is in place.

"All of you know that I have always, and will always, bleed purple," Yang wrote in letter to all Yahoo employees. "I will always do what I think is right for this great company. While this step will be an adjustment for all of us, I know it’s the right one. I look forward to updating you on this process as soon as the board has developments to share, and will continue to do everything I can to make Yahoo! fulfill its full potential."

No front runner for the position of CEO has yet emerged, but Yang did say the board will consider both internal and external candidates. Hired to help in the search is international executive search firm Heidrick & Struggles, with the overall effort being led by Roy Bostock, Yahoo's chairman of the board.

Does this change anything in terms of a takeover? Hit the jump and give us your prediction on where Yahoo goes from here.

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