Icahn Settles With Yahoo, Joins Board

By Barry Schwartz

Published: July 21, 2008 at 12:36 pm

As Greg noted earlier, Carl Ichan was seeking control of Yahoo’s board. Instead, Yahoo and Ichan came up with a compromise, giving Ichan 3 of the 11 seats on Yahoo’s board.

Eight members of the board will stand for reelection, including Yang. Robert Kotick will not be up for reelection. The board will expand to 11 members, with the two remaining seats chosen by the board. The possible two seats will go to the list provided by Icahn. You can see all the buzz on this news at Techmeme.

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About the author

Barry Schwartz

Barry Schwartz is a technologist and a Contributing Editor to Search Engine Land and a member of the programming team for SMX events. He owns RustyBrick, a NY based web consulting firm. He also runs Search Engine Roundtable, a popular search blog on very advanced SEM topics.

In 2019, Barry was awarded the Outstanding Community Services Award from Search Engine Land, in 2018 he was awarded the US Search Awards the "US Search Personality Of The Year," you can learn more over here and in 2023 he was listed as a top 50 most influential PPCer by Marketing O'Clock.

Barry can be followed on X here and you can learn more about Barry Schwartz over here or on his personal site.