The former chief executive of Vodafone Group is one of the candidates being considered as Yahoo Inc. narrows its search for a new chief executive, according to a reports on Monday.
Quoting people familiar with the situation, the daily said the board of directors of Yahoo are searching for a new chief executive and have checked few references and a decision is likely to be taken in a few weeks.
"Among those being considered is Arun Sarin, who retired as chief executive of Vodafone Group PLC in July, according to people familiar with the matter," the WSJ said.
Sarin fits the basic criteria Yahoo's board is looking for in a chief exec, including experience heading a public company. He is viewed as someone who cut costs and helped turn Vodafone around. But he also invited his share of criticism from shareholders who felt he was moving too slow into emerging markets as a way of balancing Vodafone's heavy focus on the sluggish European market. Still, Sarin was able to fend off efforts to push him out of the top job two years ago. The ability to handle that kind of corporate intrigue is probably another reason his name was brought up. But at the end of the day, Yahoo's pool of potential chief executives is hardly small, even as a big name like News Corp president/chief operating officer Peter Chernin was said to have no interest.
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