Yahoo! (YHOO) Gets Serious, Taps Executive Search Firm to Find New CEO

Yahoo! (Nasdaq: YHOO) is getting serious about its executive search.

According to AllThingsD Friday, Yahoo! has tapped executive search firm Hendrick & Struggles (Nasdaq: HSII) to aid in its new Chef Executive Officer (CEO) search.

But with restructuring under review, the move might be seen simply as 'window dressing' by Yahoo!'s Board.

With the new candidate coming into a volatile situation, the search will be a difficult one; candidates are most likely to exercise extreme caution before becoming the next Yahoo! casualty. Yahoo! has lagged peers in display ads and search market share, a good reason why Carol Bartz was ousted as CEO last month.

According to ATD, execs that might be possible candidates include: Juniper Networks (Nasdaq: JNPR) CEO Kevin Johnson, Chegg CEO Dan Rosensweig, Skype CEO Tony Bates, John Pleasants of Disney's (NYSE: DIS) Playdom, Hulu CEO Jason Kilar, Facebook COO Sheryl Sandberg and any number of top Google (Nasdaq: GOOG) execs, as well as Yahoo! board member and Akamai (Nasdaq: AKAM) President David Kenny.

Yahoo! is trading 0.6 percent better pre-market Friday.

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