Terry Semel (born February 24, 1943) is an American corporate executive who was the chairman and CEO of Yahoo! Incorporated. Previously, Semel spent 24 years at Warner Bros., where he served as chairman and co-chief executive officer. In June 2007, Semel resigned as CEO due in part to pressure from shareholders' dissatisfaction over Semel's compensation (in 2006 - salary $1, stock options worth $70 million) and performance. Semel had earned over $500 million in his tenure at Yahoo, while Yahoo's stock appreciated at 40% per year. In the same period, Yahoo's closest competitor, Google, saw stock growth of about 55% per year.
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“If it is the mark of the artist to love art before everything, to renounce everything for its sake, to think all the sweet human things of life well lost if only he may attain something, do some good, great workthen I was never an artist.”
—Ellen Terry (18471928)