Yahoo Board Member Leaves; First Sign Of Disintegration?
Edward Kozel, a long-standing member (eight years) of YahooÃ¢â‚¬â„¢s board of directors, has left the board. Official reason? He wants to Ã¢â‚¬Å“spend more time with his family,Ã¢â‚¬Â and he would have left sooner, but he had Ã¢â‚¬Å“decided to stay on the Board of Directors following the CompanyÃ¢â‚¬â„¢s receipt of an unsolicited proposal from Microsoft.Ã¢â‚¬Â As noted by CNET and others, Kozel hasnÃ¢â‚¬â„¢t stepped out from various other boards heÃ¢â‚¬â„¢s also member of, which makes this move a bit suspicious.
Regardless of whether the reasons cited are true or not, YahooÃ¢â‚¬â„¢s board is now reduced from 10 to 9 members, and the annual shareholders meeting has been delayed.
Read more: mashable.com