John Chapple will not run for re-election in June, leaving the company less than two years after accompanying investor Carl Icahn.
Company nears appointing the two men as directors in accordance with its Icahn agreement, as it nears its Friday board expansion deadline, according to sources.
Frank Biondi and John Chapple join Yahoo's expanded board of directors, as part of an earlier agreement reached with Carl Icahn.
Legal fees and the effects of foreign currency exchange rates hurt the digital entertainment company as first-quarter losses grow and revenues sink.
Potential slate includes John Chapple, former CEO of Nextel Partners; Edward Meyer, former CEO of ad powerhouse Grey Global Group; and Jaynie Studenmund, former COO of Yahoo-acquired Overture.
TechCrunch rolls out a few more names for folks to chew on should the software giant enter into a proxy fight with Yahoo.
Redmond may announce its plans and its opposition slate of directors on Wednesday, according to CNBC.
New directors--Carl Icahn included--will meet Monday and Tuesday with likely topics being opposition to Google and Yahoo's proposed ad deal, The Wall Street Journal says.
If Icahn was so adamant about ousting Jerry Yang from the CEO spot and doing a deal with Microsoft, what softened his stance?
Eric Jackson calls for investor Carl Icahn's dissident slate of directors to take a minority representation on Yahoo's board. "Third option" would settle large investors worries, he says.