Yahoo Director Ed Kozel Resigns; Board Shrinking From 10 to 9

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imageIn a just-filed 8-K Yahoo (NSDQ: YHOO) says its director Edward Kozel is resigning from the company’s board to (drumroll) “spend more time with family”, and that he would’ve done it earlier, but wanted to stay on to deal with the Microsoft bid…. apparently it’s dragged on longer than he’d hoped. The company says it will not replace Kozel, dropping the number of board members from 10 to 9.

Full statement: “On May 20, 2008, Mr. Edward Kozel resigned from the Board of Directors of Yahoo! Inc. (the

3 Comments

stone

Liz,

He's still listed as the Chairman of the Board of Skyrider. He's no longer listed as CEO. Leaving Yahoo at this time does look suspicious.

Jenkins

doesn't seem credible. was there a filing to this effect back in February?

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