Friday, August 15, 2008

Who will be the two remaining directors of Yahoo's board

This IT news is provided from the ShangHai XingGuo Net Technology co.,Ltd

August 13, according to foreign media reports, informed sources said that Yahoo radical investors Carl Icahn might choose to Edward Meyer and Frank Biondi Yahoo to be the directors of the board, Icahn the two were the candidate of directors nominated by Icahn in the Battle of the agents right.

Long engaged in the work of the media industry executives Icahn and Biondi is a friend for many years, and as a former CEO of Grey Advertising Meyer Yahoo has a capacity of the advertising business.

Earlier, Icahn has entered the Yahoo board of directors. It is estimated that Icahn will begin to find out from the inside boost Yahoo's stock price way to restore since he requested to change the management of Yahoo and / or sold to Microsoft since the book suffered the loss of hundreds of millions of dollars.

The source said that Icahn might be planning Meyer will help Yahoo CEO on the throne.

Icahn and Yahoo CEO Jerry Yang expressed strong support for the former CEO of AOL Jonathan Miller. But Time Warner said earlier that Miller had accepted a prohibition of the terms in the company's employment contracts, so he was not allowed to join Yahoo's board of directors by March 2009. Therefore, Yahoo can only choose from the candidates nominated by Icahn.

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