Yahoo set to name new board members
By Anupreeta Das, Reuters,
Yahoo is expected to confirm the appointments of former Viacom chief executive Frank Biondi and former Nextel chief executive John Chapple to its board at the end of this week, sources close to the situation have stated.
Yahoo settled its proxy battle with investor Carl Icahn just days before its 1 August shareholder meeting, at which the activist investor had originally sought to replace the entire board with his nominees and oust Yahoo chief executive and co-founder Jerry Yang.
As part of a peace deal, Yahoo agreed to appoint Icahn to its nine-member board and add two new directors from Icahn's list of nominees, which included Biondi and Chapple, by mid-August.
Yahoo also considered Jonathan Miller, former chief executive of AOL, although he was not on Icahn's list. But Time Warner stepped in earlier this month to bar Miller from joining Yahoo, saying the conglomerate would enforce a non-compete pact with him.
Yahoo declined to comment.
Related Tags
advertisement
Latest Internet Features
Netbooks vs. Smartphones: Making business mobile
What we traditionally think of as a smartphone is changing, as data is overtaking voice in terms of use. However, netbooks are beginning to become more and more pocketable – but which is better for someone who wants an office on the move?
- How to be a successful online fraudster
- Q&A: DNS inventor Paul Mockapetris
- Q&A: Cuil co-founder Tom Costello
- What does Internet Explorer 8 mean for you?
- Blogging for business
- Social networking in business and branding
- Internet search secrets
- Big IT for CERN's particle smashing experiment
- The saga of Scrabulous
Latest Internet Reviews
Fortinet FortiGate-3810A
Rating: 
advertisement
Latest News Videos in Internet
Video: Q&A with Easynet Connect's Chris Stening
PlayIT PRO spoke to Chris Stening, managing director of Easynet’s SME division, about whether ISPs are giving businesses the service they deserve.
White papers
Want more background on today's hottest IT trends?
Visit IT PRO's white paper library for more on virtualisation, encryption and other topics.
Register for IT PRO
You'll get exclusive member benefits including free white papers, downloads, Webinars and weekly newsletters full of the latest IT PRO news, reviews, insight and expertise.
Sponsored results
- Icahn, the predator stalking Yahoo, is usually the winner in boardroom fight | Business
billion stake in Yahoopredator stalking Yahoo, is usuallyDoran, in New York halts move on Yahooboardmuscle in on Yahooboardexecutive of Yahoo,...
http://www.thisislondon.co.uk/standard-business...
- Brian Smith set to become England backs coach - Times Online
for 1 tickets to Singin' In TheNavigation - link to other main sectionsBrian Smith setto become EnglandLondon Irish, on board in time for tour of...
http://www.timesonline.co.uk/tol/sport/rugby_un...
- BBC - Sportdaq - How To Play
Skip to main content Leader BoardHow to Play Yahoo! Sport Send it to a friend! New visitors: Create your membershipMonday night to Thursday morning...
http://www.bbc.co.uk/sportdaq/insideline/howtop...
Social Bookmark this article: What is this?