Terry Semel Biography
Terry Semel is a widely known American corporate executive who was the chairman and CEO of Yahoo! Incorporated from 2001 to 2007.
Previously, he used 24 years at Warner Bros., where he used to serve as chairman and co-chief executive officer. He resigned as CEO due in part to pressure from shareholders’ dissatisfaction over his compensation (in 2006, salary of $1, stock options worth $70 million, and performance.
10 Quick Facts About Terry Semel
- Name: Terry Semel
- Age: 80 years
- Birthday: 24th February
- Height: Under review
- Weight: Under review
- Nationality: American
- Occupation: Corporate executive
- Marital Status: Married
- Salary: Under review
- Net Worth: $300 Million
Terry Semel Age
Semel is 80 years old as of 2023. He was born on 24 February 1943, in Brooklyn, New York, United States. He celebrates his birthday on 10 December every year and his birth sign is Pisces.
Terry Semel Height and Weight
Semel stands at an average height. He appears to be quite tall in stature if his photos, relative to his surroundings, are anything to go by. However, details regarding his actual height and other body measurements are currently not publicly available. We will update this section when the information is available.
Terry Semel Early Life and Education
Semel went to Long Island University in Brooklyn and at the age of 23, he graduated with a B.S. degree in accounting. However, little is known about his early childhood. This information is however currently under review and will be updated as soon as it has been made publicly available.
Rise To Fame
Semel is a widely known American corporate executive who was the chairman and CEO of Yahoo! Incorporated from 2001 to 2007.
Terry Semel Family, Parents, and Siblings
Semel was born and raised by his father, Ben Semel, and his mother, Mildred (née Wenig) in Brooklyn, New York. Semel was born to a Jewish family. His father was a women’s coat designer and his mother was a bus company executive. He was raised in Bay Terrace, a community in Bayside, Queens. He was the middle child and has two siblings.
Terry Semel Siblings
Semel was brought alongside his two sisters whose names are currently unavailable to the public.
Terry Semel Dating, Wife
Semel was married to his lovely wife Jane Bovingdon, a former secretary to the actress Susan George. The couple did their wedding in 1977 and together they are blessed with four children namely, Courtenay Semel, Eric Semel, Kate Semel, and Lily Bovingdon Semel. Previously, he has been married to Maryann Soloway in 1966, he later divorced in 1974.
Terry Semel Kids
He has three daughters, Courtney Semel born on November 11, 1979, Lily Bovingdon Semel born in 1985, and Kate Bovingdon Semel born in March 1992, and a son, Eric Scott Semel born on March 15, 1969.
Terry Semel Salary
Details pertaining to his annual earnings are currently unavailable. This information is nonetheless currently under review and will be updated as soon as it has been made publicly available.
Terry Semel Net Worth
Semel has an estimated net worth of $300 million dollars. This includes his assets, money, and income. His primary source of income is his career as a corporate executive. Through his various sources of income, Semel has been able to accumulate good fortune but prefers to lead a modest lifestyle.
Terry Semel Measurements and Facts
Here are some interesting facts and body measurements you should know about Semel.
Terry Semel Wiki
- Full Names: Terence Steven Semel
- Popular As: American corporate executive
- Gender: Male
- Occupation / Profession: Accountant
- Nationality: American
- Race / Ethnicity: White
- Religion: Christian
- Sexual Orientation: Straight
Terry Semel Birthday
- Age / How Old?: 80 years old as of 2023
- Zodiac Sign: Pisces
- Date of Birth: 24 February 1943
- Place of Birth: Brooklyn, New York
- Birthday: 24 February
Terry Semel Body Measurements
- Body Measurements: To be updated
- Height / How Tall?: Average
- Weight: Moderate
- Eye Color: To be updated
- Hair Color: To be updated
- Shoe Size: To be updated
Terry Semel Family and Relationship
- Father (Dad): Ben Semel
- Mother: Mildred Wenig
- Siblings (Brothers and Sisters): Not Known
- Marital Status: Divorced
- Wife/Spouse: Not Available
- Children: Sons (Eric Scott Semel) Daughter(s) (Courtney Semel, Lily Bovingdon Semel, Kate Bovingdon Semel)
Terry Semel Net Worth and Salary
- Net Worth: $300 million
- Salary: To be updated
- Source of Income: Accountant
Terry Semel Career
In 1965 he began working at Warner Bros as a trainee. Semel worked for CBS corporation’s theatrical film production company, Cinema Center Films, as domestic sales manager from 1970 to 1972. In 1972 CBS closed Cinema Center Films and Semel moved to the Walt Disney Company. He was vice president in charge of theatrical distribution until 1975.
Semel returned to Warner Bros in 1975. Distribution as president then moved into studio operations as an executive vice president in 1979. In 1981 Frank Wells announced he was taking a less active role in the company. On January 1, 1982, Terry became the president and chief operating officer of Warner Bros.
In 1994, Warner Bros. Chairman and Chief Executive Robert A. Daly announced that Semel would become his co-chairman and CEO. The following year, the two men also became co-chairmen and co-chief executives of Warner Music following the firing of Michael J. Fuchs. Both Daly and Semel resigned from Warner Bros. in July 1999.
Terry Semel Yahoo compensation
Semel was granted stock options with an SEC Fair Value of over $110 million as a bonus to joining Yahoo in April 2001. In June 2006, his annual salary was reduced to one dollar.
Other activities
He is currently co-chair of the board of trustees of the Los Angeles County Museum of Art (LACMA). In 2005, he was given the UCLA Medal, that University’s highest honor, and the “Legend in Leadership Award” from the Chief Executive Leadership Institute of the Yale School of Management.
Terry Semel Conservatorship
Eric Semel is the eldest child and only son of former Warner Bros.Last May, chief Terry Semel, filed a petition in Los Angeles County Superior Court to appoint a temporary conservator for his father. Semel had been a lion of Hollywood throughout his heyday, winning admiration for the way he revolutionized the movie business during two decades at the top — and for the finesse with which he’s conducted himself while doing so.
Although by last year Semel, then 75 and suffering the ravages of Alzheimer’s, had for some time been unable to manage his personal or financial affairs. Semel’s wife, Jane, two years earlier had put him in a nursing facility. Now Eric was claiming that his stepmother “was in serious breach of her fiduciary duties” and “causing serious harm to Terry’s health and safety, potentially rising to elder abuse and neglect.
”The allegations were as numerous as they were disturbing. In the filings, Jane was accused of instructing Semel’s private caregivers to change the dosages of his prescriptions or eliminate them altogether; ignoring repeated requests to take her husband, who also suffered from high blood pressure, for regular physical examinations; and refusing to allow him to leave the facility, curtailing his social activities.
Semel, his son claimed, had been reduced to living in a 500-square-foot bedroom at the Motion Picture & Television Fund retirement community in Woodland Hills, against his expressed wish to remain at his home, a 13,000-square-foot Bel-Air mansion.
Terry Semel Yahoo
As CEO, Semel approved Yahoo!’s cooperation with Chinese officials to release previously confidential Yahoo! information to the Chinese government. This action by Yahoo! was not well received and he showed signs of regret as to how that information was being used.
For example, in a widely publicized exchange at The Wall Street Journal’s All Things Digital conference, he was asked if Yahoo! would have cooperated with Nazi Germany. Semel in his response, who is Jewish, stated, “I don’t know how I would have felt then.”
He added, “I don’t feel good about what’s happening in China today.”When questioned on this topic in a Q & A discussion with Peter Bazalgette at The Royal Television Society Cambridge Convention in 2005, his response was “We have to abide by the laws in the countries in which we operate.”
Resignation
Semel resigned as CEO due in part to pressure from shareholders’ dissatisfaction over his compensation (in 2006, the salary of $1, stock options worth $70 million) and performance.
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. At age 64, Semel remained chairman in a non-executive role. Besides naming Yang as its new CEO, Yahoo appointed Susan Decker as its president. Having recently been promoted to oversee Yahoo’s advertising operations, Decker had widely been regarded as Semel’s heir apparent. He later resigned from his post as non-executive chairman of Yahoo completely on January 31, 2008.
Social Impact: Philanthropic, Charitable, and Community Involvement
In addition to his work as a corporate executive, Semel is also a passionate advocate for social justice. He has been involved in a number of philanthropic and charitable initiatives, including:
- Donating to organizations that support education, healthcare, and the environment
- Volunteering their time at soup kitchens, homeless shelters, and other community organizations
- Starting their own foundation to provide scholarships to students from low-income families
Semel is a passionate advocate for education and has donated millions of dollars to educational causes. He is a trustee of the University of California, Los Angeles, and the California Institute of Technology. He is also a member of the board of directors of the Milken Institute and the Aspen Institute.
Terry Semel Awards Accomplishments and Achievements
Terry Semel is a retired American business executive who was the chairman and CEO of Yahoo! from 2001 to 2007. He previously spent 24 years at Warner Bros., where he served as chairman and co-chief executive officer.
Semel has received numerous awards and honors for his business achievements, including:
- The PGA Vanguard Award, which is given to individuals who have made significant contributions to the motion picture industry
- The PGA Milestone Award, which is given to individuals who have made outstanding contributions to the motion picture industry
- The Ernst & Young Entrepreneur of the Year Award, which is given to entrepreneurs who have demonstrated outstanding leadership and business acumen
- The UCLA Medal, which is the highest honor bestowed by the University of California, Los Angeles
- The Simon Wiesenthal Center Humanitarian Award, which is given to individuals who have made significant contributions to human rights
Legacy
Semel has also been recognized for his commitment to diversity and inclusion in the workplace. He was a founding member of the National Association for Multi-Ethnicity in Communications (NAMIC) and served as its chairman from 1993 to 1995. He has also been a vocal advocate for diversity and inclusion in the entertainment industry.
Final Thoughts
Semel is a role model for us all. He shows us what it means to be kind, compassionate, and courageous. He is an inspiration to us all to live our lives with integrity and to make a difference in the world.
Frequently Asked Questions About Terry Semel
Terry Semel is an accomplished American corporate executive who was the chairman and CEO of Yahoo! Incorporated from 2001 to 2007.
Semel is 80 years old as of 2023. He was born on 24 February 1943, in Brooklyn, New York, United States. He celebrates his birthday on 10 December every year and his birth sign is Pisces.
Semel stands at an average height, he has not shared his height with the public. His height will be listed once we have it from a credible source.
Semel was married to his lovely wife Jane Bovingdon, a former secretary to the actress Susan George. The couple did their wedding in 1977.
Semel has an approximate net worth of $300 million. This amount has been accrued from his leading roles as a Corporate executive.
Details about his salary are not yet disclosed. However, information about how much he makes will be updated as soon as it is available.
Because of security reasons, Terry has not shared his precise location of residence. We will immediately update this information if we get the location and images of his house.
He is alive and in good health. There have been no reports of him being sick or having any health-related issues.
Terry Semel Contacts
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