Yahoo Expected To Name Two Board Members By Friday: Biondi And… Who?

*Yahoo* is expected to name its two new board members by the end of the week, but there are conflicting reports on who they will name. Recall that as part of the company’s settlement with Carl Icahn, the company agrees to expand its board to 11, giving Carl Icahn and two of his allies three seats. In addition to Icahn, who has already been named, one was expected to be Jonathan Miller, but that was nixed by Time Warner (NYSE: TWX), which invoked a non-compete clause at the 11th hour. Kara Swisher at AllThingsD reported earlier today that Yahoo (NSDQ: YHOO) was honing in on Frank Biondi and ex ad exec Edward Meyer. But ATD corporate sibling WSJ says it’s now likely to be Biondi and John Chapple, former CEO of Nextel. It notes that Meyer had been a late contender, but has been ruled out. Bottom line: it sounds like Biondi is on board, which is not surprising given his media experience. As for the other, well… this is far from the most exciting or pivotal aspect of this story.

Update: Reuters says Chapple is likely the second nominee, as well. For more background on him, check out Tricia’s post at mocoNews.


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