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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“What is a diary as a rule? A document useful to the person who keeps it, dull to the contempory who reads it, invaluable to the student, centuries afterwards, who treasures it!”
—Ellen Terry (1848–1928)