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Not With a Bang, but a Whimper: Icahn Leaves Yahoo Board
Carl Icahn, the activist billionaire investor who made such a noisy fuss in his quest to force management and other changes at Yahoo, is taking a much quieter leave from the Internet giant’s board. He apparently has told the Yahoo (YHOO) board that “there was not a need at this time for an activist investor” [...]
Jan 10th, 2011 | Filed under News -
Carl Icahn Done Squatting on Yahoo’s Board
Activist investor Carl Icahn has resigned from the board of Yahoo, and is praising both CEO Carol Bartz, who just presided over a quarter of improved earnings, as well as the rest of the company’s board for “acting so responsibly” in conjunction with the search transaction with Microsoft that he advocated. Icahn’s resignation was to be [...]
Jan 10th, 2011 | Filed under New Product Launches, New Tech -
Dozen-Year Yahoo Tech Veteran Ash Patel to Take "Time Off"
Longtime Yahoo tech leader Ash Patel is taking some time off until early 2010. Yahoo (YHOO) confirmed the break to BoomTown. In recent days, many inside the company had mistakenly thought the 44-year-old EVP for Product Architecture & Strategy was departing the company for good. Actually, it’s more of a sabbatical for Patel (pictured here). [...]
Jan 10th, 2011 | Filed under News