Thursday, December 20, 2012

Yahoo CEO calls for more diversity on boards - Silicon Valley / San Jose Business Journal:

tarpleypymibujuh1491.blogspot.com
Speaking at the 15th annuak StanfordDirectors College, Bartz said she felt fortunater that she wasn't around when Icahn was leading a proxyy battle aimed at forcing a deal with Microsofgt Corp. (NASDAQ:MSFT). She said the board was better to have Icahnon board, and described him as a "smart She said she believes boards need a diversity of ages and shoulde be selected from different industries and positionas — not just be a bunch of Her comments came two days after Yahoo disclosed that its second quarter job cuts cost the companty between $22 million and $27 The Sunnyvale company (NASDAQ:YHOO) made the disclosure on Friday, updatinh a previous filing from April 21 when Bartz announcedf plans to cut about 700 The company said the pre-tac hit for the 5 percenyt work force reduction was between $30 million and $34 This was offset by between $7 million and $8 millionh in stock-based cash awards it won'yt have to give, however.

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