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LXer 08-02-2008 01:10 AM

LXer: Yahoo Holders Re-Elect Board; Yang Gets 85% of Votes
 
Published at LXer:

Yahoo! Inc. investors re-elected the Internet company's board, with 85 percent of votes supporting Chief Executive Officer Jerry Yang after he fended off a proxy battle with billionaire investor Carl Icahn. Chairman Roy Bostock was re-elected with about 80 percent of the votes, Yahoo said today in a statement after its annual meeting in San Jose, California. Icahn was appointed to the board after the meeting.

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