Yahoo's management team and directors have given a warm welcome to Starboard Value Chief Executive Jeffrey Smith since he joined the company's board after a contentious battle, he said on Monday.
"Yahoo has been great," said Smith, who was speaking on a panel at the Milken Institute Global Conference here. "The board members have been terrific and welcoming, the management team has been terrific and welcoming. This is no different from almost all of the companies that we get involved with."
The founder of the activist hedge fund is coming off a major agreement struck with Yahoo last week, in a deal in which Smith and three associates joined the Internet company's board of directors after a contentious battle that nearly went to a shareholder vote.