Yahoo Boardroom Shakeup: 4 Members Gone, Including Chair
Yahoo Chairman Roy Bostock and three longtime board members are leaving the troubled Internet company.
Bostock is departing along with Vyomesh Joshi, Arthur Kern and Gary Wilson. In a letter released to shareholders Tuesday, Roy Bostock wrote that these departures are voluntarily.
The shake-up continues a drastic makeover of Yahoo's leadership during the past month as the company tries to win back investors frustrated with years of broken turnaround promises.
After Yahoo hired former PayPal executive Scott Thompson as its CEO a few days into the new year, co-founder Jerry Yang resigned from the board and severed all other ties with the company, which he helped start in 1995. » Read More