Yahoo Confirms Appointment Of Biondi And Chapple To Board

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As expected, Yahoo (NSDQ: YHOO) is filling its final two board seats with Frank J. Biondi and John H. Chapple. The appointments were part of the company’s settlement with Icahn that give him and his allies three seats on the company’s 11-member board. Earlier this week, multiple reports identified Biondi and Chapple as the likely names to emerge. From the prepared statement of Chairman Roy Bostock: “Frank

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digital bear

Now there might finally be a sale to Microsoft. These two are credible operators who have successfully run & sold businesses in transition or at inflection points. The stock is already up .2% in after hours trading on this news. Hopefully one of them will take on the Presidency (vs. being an analyst President) and make things happen at Yahoo.

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