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February 8, 2012 02:33 am GMT

Yahoo Board Shakeup: Chairman And Three Others Step Down, Webb And Amoroso Step Up

yahooYahoo has its new CEO, Scott Thompson, and founder Jerry Yang stepped down from the company and the board a few weeks ago. But all along, people have been asking when is the rest of the Yahoo board going to resign?Well, that day is today for four more directors, including chairman Roy Bostock. He was sticking around to try to oversee the disposition of Yahoo's Asian assets. It doesn't look like that is going so well. Today, in his letter to shareholders, Bostock disclosed that he would not be standing for re-election to the board, and neither would 3 other directors. Meanwhile, Yahoo elected two new board members: Maynard Webb and Alfred Amoroso.

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