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February 8, 2012 06:05 pm

Yahoo Replaces Half Its Board of Directors


itwbennett writes "Yahoo's restructuring continued Tuesday with the ouster of 4 board members, including chairman Roy Bostock, according to an IDG News Service report. The move follows the resignation of Yahoo co-founder Jerry Yang in January and gives investors something they'd been calling for, says analyst Greg Sterling: 'Investors have felt for a long time that the board was just rubber stamping what the leadership was doing. They want a reinvigorated board with some independence. People will wait to see what's different but I think this will be seen as a positive.'"

Read more of this story at Slashdot.


Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/j3N9W6VOcrI/yahoo-replaces-half-its-board-of-directors

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