Thursday, 25 April 2013

INQUIRER.net: Yahoo chairman joins recent boardroom exodus

INQUIRER.net
Philippine News for Filipinos
Yahoo chairman joins recent boardroom exodus
Apr 26th 2013, 01:13

SAN FRANCISCO— Yahoo could use a revolving door in its boardroom. In the latest exit, Chairman Alfred Amoroso will become the eighth Yahoo Inc. director to depart since early last year. He will leave the board on June 25 at Yahoo Inc.'s annual shareholders meeting, the company said Thursday. Amoroso, 63, is giving up the chairmanship immediately, prompting Yahoo to appoint Maynard Webb Jr. to handle the duties on an interim basis. Yahoo indicated it won't add another director after Amoroso departs, leaving the Internet company with 10 directors. Amoroso and Webb joined Yahoo's board 14 months ago when four longtime directors stepped down under shareholder pressure. Yahoo co...

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