Printed from http://www.electronista.com

Yahoo Chairman Fred Amoroso departing, effective immediately

updated 09:52 pm EDT, Thu April 25, 2013

Amoroso remaining on board until shareholder meeting in June

Yahoo has announced that Chairman of the Board Fred Amoroso is resigning. The former IBM executive will remain on the board of directors until the annual shareholder meeting on June 25. The chairman position will be filled by Maynard Webb, Jr. temporarily until a new director is found.

In a statement by Amoroso, he said that the Yahoo board was informed when he became chairman that he was planning a one-year tenure just to help the company during a "critical time of transformation." Under his leadership, the company has hired Marissa Mayer as chief executive, streamlined operations, and made some high-profile acquisitions on its way to recovery.



By Electronista Staff
Post tools:

TAGS :

toggle

Comments

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

toggle

Most Popular

Sponsor

Recent Reviews

Crucial MX100 256GB SATA-3 SSD

While the price-per-gigabyte ratio for magnetic platter-based hard drives can't be beat, the speed that a SSD brings to the table for ...

Narrative Clip

With the advent of social media technology, people have been searching for new ways to share the events of their daily lives -- be it ...

Blue's Mikey Digital

Blue Microphones, a company that makes some of the most popular digital USB microphones among podcasters and musicians, has for some t ...

Sponsor

toggle

Most Commented

 
toggle

Popular News