Tuesday, February 7, 2012

Yahoo Chairman Roy Bostock to step down


Yahoo's undergoing more changes at its top, with a reshuffling of its board of directors.

In a letter to shareholders today, Yahoo's chairman of the board, Roy Bostock, said that along with fellow board members Vyomesh Joshi, Arthur Kern, and Gary Wilsonhe, he would not seek re-election this year.

Bostock added that to help fill the gap, the board has hired Alfred Amoroso and Maynard Webb Jr. to serve as independent directors. Amoroso was previously the president and CEO of Rovi. Webb previously served as CEO and currently serves as chairman of LiveOps.

Bostock's plans for announcing his departure were reported earlier today by All Things Digital.

Read more here http://news.cnet.com/8301-1023_3-57372819-93/yahoo-chairman-roy-bostock-to-step-down/?tag=mncol;topStories

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