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

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

loading

Comments have been disabled for this post