Of the 10 best-paid CEOs at Standard & Poor's 500 companies in 2006, six made less money last year. Three have since left their posts. Here's a rundown of how they fared. CEOs are listed with the companies they headed in 2006. 1. Terry Semel, Yahoo ...

TIMELINE OF THE BID February 2007: Microsoft Chief Executive Steve Ballmer receives a letter from Yahoo CEO Terry Semel declining to negotiate an acquisition.

Why did Yahoo's board replace Terry Semel with executives who had no experience running a company or turning one around? Good question.

Dethroned Yahoo chief executive Terry Semel left the struggling Internet firm's board of directors on Thursday.

Terry Semel has quit as chairman of the board of Yahoo, the company said late Thursday.

Terry Semel stepped down as Yahoo Inc.'s chairman Thursday, severing his ties with the slumping Internet icon 7 1/2 months after he resigned as chief executive under shareholder pressure.

Terry Semel stepped down as Yahoo Inc.'s chairman Thursday, severing his ties with the slumping Internet icon 7{ months after he resigned as chief executive under shareholder pressure.

Jan. 31 (Bloomberg) -- Yahoo! Inc., owner of the second most popular Internet search engine, said former Chief Executive Officer Terry Semel stepped down from the board.

Not a surprise after how he left: Terry Semel is leaving Yahoo's board; this is his last day. "Semel initiated discussions with the Board several months ago about stepping down from the Chairman role once the Board was able to identify a successor.

Yahoo Inc nonexecutive Chairman Terry Semel is leaving the board, the Internet company said on Thursday, announcing the end of its formal ties with the ex-CEO credited with reviving the company and then losing touch.