Revamp Is Yahoo Board

Revamp Is Yahoo Board - Revamp Is Yahoo Board's Priority By...

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Revamp Is Yahoo Board's Priority By Amir Efrati, Joann S. Lublin and Anupreeta Das 739 words 10 September 2011 The Wall Street Journal J The Wall Street Journal - Print and Online CTGDJC B1 English Yahoo Inc .'s board of directors is putting a higher priority on evaluating a potential sale of all or parts of the Internet company over its search for a new chief executive, said people familiar with the matter, as directors scramble in the wake of ousting CEO Carol Bartz. The priority-setting doesn't mean that Yahoo 's board necessarily prefers a sale over staying independent, these people said. But the board's sentiment is that the company needs a better handle on its strategic direction before it can settle on the right CEO, these people said. The board is trying to address whether Yahoo 's assets will perform better after a sale or through a partnership, among other questions, said one of the people. The board also is open to hiring a CEO who would take charge of a restructuring or sale, said another of these people. Yahoo
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This note was uploaded on 10/18/2011 for the course BUS 115 taught by Professor Laskowski during the Fall '08 term at SUNY Stony Brook.

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Revamp Is Yahoo Board - Revamp Is Yahoo Board's Priority By...

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