Yahoo Nominates Current Board but Postpones Shareholder Meeting
Yahoo has nominated 9 of the 10 current board members for re-election this July. But the shareholders meeting has been postponed. Originally scheduled for July 3, the meeting is now expected to occur in late July.
Who the delay ultimately ends up helping remains to be seen. On the one hand, the delay could help Carl Icahn in his proxy board fight. Or the time could help the current board negotiate a deal with Microsoft or an ad deal with Google.
In order for that to happen, Jerry Yang will need to cooperate. Kara Swisher is reporting that Yang is no longer going it alone in negotiations. Roy Bostock, Yahoo’s Chairman, is assuring shareholders that “others” including independent directors to make sure the renewed talks with Microsoft go a little better.
But at least one current board member is trading in the drama for a more peaceful life. Edward Kozel is retiring from the board to spend more time with his family. He will not be replaced. Yahoo is only nominating the remaining 9 members.
More about:
The Merkle B2B 2023 Superpowers Index outlines what drives competitive advantage within the business culture and subcultures that are critical to success. It is the indispensable guide for B2B marketers to deliver world-class experiences and keep pace with the dynamic environment. Download Now
The ClicData survey found that various challenges exist that prevent organizations from achieving such gains. These challenges included inaccessible data formats and limited flexibility in displaying data in dashboards. Download Now
The need for fraud prevention in the digital world is critical now more than ever. Why? Thinking about your own behavior, consider how you complete transactions and how this has changed over the last 5 years. Download Now
The need for fraud prevention in the digital world is critical now more than ever. Why? Thinking about your own behavior, consider how you complete transactions and how this has changed over the last 5 years. Download Now
Leave a Reply
You must be logged in to post a comment.