Icahn pal Chapple to leave Yahoo's board

John Chapple will not run for re-election in June, leaving the company less than two years after accompanying investor Carl Icahn.

John Chapple
Yahoo board member and Hawkeye Investments President John Chapple Hawkeye Investments

One of the Yahoo board members who accompanied Carl Icahn into the boardroom does not plan to run for re-election, Yahoo announced Tuesday.

John Chapple, whose day job is managing equity investment firm Hawkeye Investments, will not serve another term on Yahoo's board.

It's not clear whether anyone will be nominated at Yahoo's June annual meeting to take his place and keep the number of directors on Yahoo's board at 11.

Chapple came into Yahoo during tumultuous times, joining in August 2008 along with Icahn and current Yahoo board member Frank Biondi to protest the company's handling of Microsoft's proposed takeover bid. Icahn resigned from Yahoo's board in October, having helped draft Carol Bartz as Yahoo's CEO.

Current board member Ron Burkle also plans to step down from his role at the annual meeting.

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