Yahoo! shareholders reelect current board
Thrax
🐌Austin, TX Icrontian
Last Saturday Icrontic ran a comprehensive analysis of the tensions between Microsoft and Yahoo!. We noted then that Yahoo's! annual board elections were fast approaching and have since come to pass. In a surprising conclusion, Yahoo!'s standing board of chairs has been reelected in full.
All current board members received a minimum of 78% support, with Yahoo! founder Jerry Yang receiving 85% endorsement. Roy Bostock, another board member instrumental in rejecting Microsoft, received 79% endorsement.
The board's Director, Robert Kotick, netted an overwhelming 92.5% but resigned immediately at the conclusion of the meeting. He has been replaced by Carl Icahn, who now sits on the board to represent the minority interest in Microsoft's ownership.
All current board members received a minimum of 78% support, with Yahoo! founder Jerry Yang receiving 85% endorsement. Roy Bostock, another board member instrumental in rejecting Microsoft, received 79% endorsement.
The board's Director, Robert Kotick, netted an overwhelming 92.5% but resigned immediately at the conclusion of the meeting. He has been replaced by Carl Icahn, who now sits on the board to represent the minority interest in Microsoft's ownership.
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