Cannes Promos, Semel Resigns, Fallon Frogs

- Taking home the Cannes Promo Grand Prix is TBWA/Whybin Auckland for a piece of work for Adidas called "Bonded by Blood."

- Former Strawberry Frog Amsterdam Executive Creative Director Al Kelly has joined Fallon Minneapolis as Executive Creative Director.

- Yahoo CEO Terry Semel has resigned and will be replaced by Co-Founder Jerry Yang...who's now all grown up and can handle the job. Semel will become a non-exec chairman (what ever the hell that is) with former Exec VP of Advertising and Publishing stepping in as president.