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August 03, 2008 Sunday Rajab 30, 1429



Yahoo board re-elected


CALIFORNIA, Aug 2: Yahoo executives were resoundingly re-elected on Friday after being berated by shareholders over failed takeover talks with Microsoft and for exposing Internet dissidents to Chinese officials.

Yahoo chief executive Jerry Yang got 85.4 per cent of the votes cast by shareholders while board chairman Roy Bostock got the support of 79.5 per cent of the shareholders.

The weakest support was shown for incumbent Arthur Kern, who won 77.9 per cent of the votes.

“It does look like they have support of the shareholders again, but at the end of the day they have to focus on the company goals and execute,” said analyst Rob Enderle of Enderle Group in Silicon Valley.—AFP







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