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Summary:

Yahoo has added Max Levchin, a Silicon Valley star, to its board of directors giving it a much-needed entrepreneurial and engineering-savvy board member. The web portal will also see two of its existing directors leave, shrinking the board to 11 members.

Slide CEO Max Levchin thinks today's startups are poised to disrupt incumbents due to fundamental shifts in the technology environment.

Max Levchin, the entrepreneur who helped co-found PayPal (srbay) and Slide, has joined Yahoo’s board of directors. Levchin, a computer scientist and angel investor is part of a welcome change at the stodgy web portal, whose board seemed to regard the role of director as somewhat of a sinecure as opposed to a place where directors rolled up their sleeves and tried to get things done.

CEO Marissa Mayer is slowly making her mark on Yahoo, and the addition today of Levchin to the board can probably be seen as a testament to Mayer’s faith in engineers and entrepreneurs. From the get go, we’ve heard Mayer, who was a former executive at Google, asked for more engineering talent at the beleaguered web portal. Just this last week some of her changes at the product level associated with adding new features to Flickr and other changes are coming to light. Levchin fits right in.

Yahoo had apparently been courting Levchin for a while, and it certainly needs a blast of innovation from someone known in the Valley for being thoughtful and well-versed in developing social startups. For more on Levchin, check out this post from 2010 featuring a video interview Om did with Levchin while he was still at Google.

Levchin also serves as chairman of the boards at Kaggle and Yelp and is a director at Evernote. Yahoo also said that Intuit CEO Brad Smith and Weather Channel CEO David Kenney are stepping down from the board, leaving Yahoo now with 11 directors.

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  1. Elysabeth Faslund Thursday, December 13, 2012

    Why don’t he go to the board of directors of the FCC?

  2. Great move by Marissa! Wish she also transformed the Yahoo culture to be customer obsessed and teams focused on delivering a great service experience….I had a recent issue where after struggling with one of their key products, I tried contacting their customer service for help, and honestly it was a disastrous experience!!! After 2 attempts, I’m now at a point of giving up and moving on to a competitor product -:(

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