Terence Steven Semel (born February 24, 1943) is an American corporate executive who was the chairman and CEO of Yahoo! Incorporated from 2001 to 2007. Previously, he spent 24 years at Warner Bros., where he served 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 $1, stock options worth $70 million) and performance. He is also the founder of Windsor Media, the production company that produced Rules Don't Apply starring Lily Collins and Warren Beatty.