Yahoo Inc. director Maggie Wilderotter plans to step down from the slumping Internet company’s board at the end of this year. The resignation will leave Yahoo with 11 directors.
The U.S. Federal Trade Commission said it will continue to investigate the relationship between the boards of Apple Inc and Google Inc, after Google’s chief quit Apple’s board on Monday.
BoomTown’s got nothing, which is not something I like to say very much. I am talking about the Yahoo CEO search, which is either being done by the Internet giant’s board in such elegant secrecy and with such amazing stealth that it is getting by everyone.
Yahoo’s board of directors is moving closer to choosing a new chief executive and the former head of Vodafone Group PLC is among those being considered, The Wall Street Journal reported on Tuesday.
The revised tally of Yahoo?s board election released Tuesday showed a much stronger level of dissatisfaction among investors than previously reported. Many analysts said the new count was more aligned with what they had been hearing from shareholders.
After spending weeks ridiculing Yahoo Inc.’s board of directors, nettlesome investor Carl Icahn has piped down and won’t even be at the Internet company’s annual meeting Friday.
On the eve of a release of its latest earning figures Yahoo has struck a truce with corporate raider Carl Icahn, ending his fight to oust the struggling Internet pioneer’s board.
Yahoo Inc will appoint activist investor Carl Icahn and two members of his slate of directors to the company’s board, settling a proxy battle ahead of its August 1 annual shareholders meeting.
