June 18: Phi Day! 1993: John Scully of Apple,2007: Terry Semel of Yahoo Step Down

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John Sculley
John Sculley

1993 – After a 10 year run and new focus on Politics – along with a failed promise to catch up to the PC market – John Sculley was removed of his CEO role at Apple by the board of directors. They immediately hire Michael Spindler, who was instrumental in the introduction of the PowerPC. However, he eventually would get ousted and replaced by Gil Amileo, which would get ousted and replaced by Steve Jobs.

2007 Terry Semel was under pressure  by the board because of dissatisfaction of his compensation. Terry was brought in to create a partnership with Hollywood, which really didn’t happen. He handed the reigns over to Jerry Yang, who started promising revitalized talks with Microsoft. There are a few that even speculate that was when the buyout of Yahoo began. Jerry Yang stepped down in 200

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