Tag Archives: Jerry Yang

Yahoo! Releases Chairman’s Update for Shareholders

SUNNYVALE, Calif. — Yahoo! Inc., the premier digital media company, today released the following shareholder update from its Chairman Roy Bostock.

 

Dear Fellow Shareholders:

I write today to update you on the actions the Yahoo! board has taken, and the actions it is pursuing, to increase shareholder value and position the Company for growth. These actions result from a process I initiated about six months ago in a special meeting of the independent directors in which we analyzed the reasons why Yahoo! was not meeting either our own expectations or those of our shareholders.  (more…)

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Yahoo! Announces Resignation of Jerry Yang

SUNNYVALE, Calif. — Yahoo! Inc., the premier digital media company, today announced that Jerry Yang has resigned from its Board of Directors and all other positions with the company, effective today. In addition, Yang resigned from the Boards of Yahoo Japan Corporation and Alibaba Group Holding Limited, effective today.

In a letter to the Yahoo! Board Chairman Roy Bostock, Yang wrote:

“My time at Yahoo!, from its founding to the present, has encompassed some of the most exciting and rewarding experiences of my life. However, the time has come for me to pursue other interests outside of Yahoo! As I leave the company I co-founded nearly 17 years ago, I am enthusiastic about the appointment of Scott Thompson as Chief Executive Officer and his ability, along with the entire Yahoo! leadership team, to guide Yahoo! into an exciting and successful future.” (more…)

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The ‘B’ Connection

Do you remember the film ‘The French Connection’, a 1971 mafia sensation. A connection between New York and Marseilles (France). Two sides of Atlantic. 

Now let’s start our story. We don’t need to cross the Ocean. 😉

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