Yahoo Inc. (YHOO) Names New Board Member
Yahoo Inc. has made telecom exec Maggie Wilderotter a director.
Wilderotter is chairman and CEO of Citizens Communications Co., a Stamford, Conn., company that provides telephone and Internet service in 20 states.
Industry analysts had expected CEO Jerry Yang to bring in new directors as part of his plans to shake up the Sunnyvale company.
Yahoo board's came under fire this year for the pay package it awarded former CEO Terry Semel. In 2006, Semel received a compensation package valued at $71.7 million. In June, Semel was rated the most overpaid CEO among the Bay Area's largest publicly traded companies by the San Francisco Business Times, following an analysis of pay and company performance.
Yang replaced Semel in June.
Published July 30, 2007 by San Francisco Business Times
Wilderotter is chairman and CEO of Citizens Communications Co., a Stamford, Conn., company that provides telephone and Internet service in 20 states.
Industry analysts had expected CEO Jerry Yang to bring in new directors as part of his plans to shake up the Sunnyvale company.
Yahoo board's came under fire this year for the pay package it awarded former CEO Terry Semel. In 2006, Semel received a compensation package valued at $71.7 million. In June, Semel was rated the most overpaid CEO among the Bay Area's largest publicly traded companies by the San Francisco Business Times, following an analysis of pay and company performance.
Yang replaced Semel in June.
Published July 30, 2007 by San Francisco Business Times
Labels: Yahoo Inc., YHOO
posted by Stock Administrator @ 4:18 PM
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