Yahoo shareholders re-elect Board

Posted: August 3, 2008 in Tech

Jerry Yang gets the support of majority of the shareholders. Yahoo CEO Jerry Yang also found major support as he got 85 percent of votes supporting his leadership at the top. Yahoo’s chairman Roy Bostock was re-elected with about 80 percent of the votes.

As per their earlier deal, the company board selected billionaire investor Carl Icahn as a new member of the board.

The company board has now been expanded to 11 members to add two members from the Icahn group.

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