Friday, February 10, 2012

Yahoo! Looking to Replace Some Board Members, Says WSJ

The Wall Street Journal’s Gina Chon, Joann Lublin and Anupreeta Das this afternoon report that Yahoo! (YHOO) has retained an executive search firm to find new members for its board of directors, targeting especially long-time directors of the company, citing multiple anonymous sources.

The possible turn-over of the board follows the appointment by the company earlier this week of a new CEO, Scott Thompson, formerly with eBay (EBAY).

Yahoo! shares ended the day down 12 cents, or 0.8%, at $15.52, and they were down another 3 cents in late trading at $15.49.

No comments:

Post a Comment