Yahoo Japan Corp. freshened up its management team, installing much younger executives as Chairman Masayoshi Son called for the company to stay competitive in the fast-moving Internet industry.
Yahoo Japan, which operates the country's most popular Internet portal site and is one-third-owned by U.S. Internet giant Yahoo Inc., said Thursday that 44-year-old Manabu Miyasaka will become chief executive April 1. Mr. Miyasaka currently heads the company's online shopping and auction services.
Incumbent CEO Masahiro Inoue, 55, will step down from the board in June after an annual shareholders meeting. (worldpropertychannel.com)
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