Terry Semel was born to a Jewish family in Brooklyn, New York, the son of Mildred and Ben Terry Semel.
16 Facts About Terry Semel
2.
Terry Semel's father was a women's coat designer and his mother was a bus company executive.
3.
Terry Semel was raised in Bay Terrace, a community in Bayside, Queens.
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Terry Semel was the middle child, and has two sisters.
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From 1970 to 1972, Terry Semel worked for CBS corporation's theatrical film production company, Cinema Center Films, as domestic sales manager.
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CBS closed Cinema Center Films in 1972 and Terry Semel moved to the Walt Disney Company, where he was vice president in charge of theatrical distribution until 1975.
7.
Frank Wells announced he was taking a less active role the company in 1981, Terry Semel became president and chief operating officer of Warner Bros.
8.
Chairman and Chief Executive Robert A Daly announced that Semel would become his co-chairman and CEO.
9.
Terry Semel had dinner with Larry Page and Sergey Brin, asking them what their business was with Yahoo paying only $7 million annually as its biggest licensor of Google search technology.
10.
Terry Semel was given the mandate by Yahoo Board to buy Facebook for up to 1.2 billion dollars, Mark Zuckerberg having asked a price of one billion dollars.
11.
Terry Semel tried to make it nonetheless for $850,000,000, and Zuckerberg stopped the negotiating process.
12.
Terry Semel resigned as CEO due in part to pressure from shareholders' dissatisfaction over his compensation and performance.
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Terry Semel ended his six-year tenure as chief executive officer Monday, June 18,2007, and handed over the reins to co-founder Jerry Yang in the Internet icon's latest attempt to regain investor confidence.
14.
At age 64, Terry Semel remained chairman in a non-executive role.
15.
Terry Semel later resigned from his post as non-executive chairman from Yahoo completely on January 31,2008.
16.
Terry Semel is currently co-chair of the board of trustees of the Los Angeles County Museum of Art In 1995, he received the Golden Plate Award of the American Academy of Achievement.