Sunday, March 25, 2012

UPDATE 1-Yahoo names three new independent directors to board

* Board names independent directors effective April 5
* Rejects nominees of activist hedge fund Third Point


NEW YORK, March 25 (Reuters) - Yahoo Inc said on
Sunday it has appointed three new independent directors.
John D. Hayes, chief marketing officer of American Express
Company, Peter Liguori, former chief operating officer
of Discovery Communications and Thomas J. McInerney,
the outgoing chief financial officer of IAC/InterActiveCorp
will commence their tenure as directors eff

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