SAN FRANCISCO: Yahoo! Inc chairman Roy Bostock and three other directors will step down as the struggling company ploughs ahead with an internal overhaul, including discussions on dealing with its stakes in China’s Alibaba Group and Yahoo! Japan.
The corporation — once a web powerhouse but now agonising over a range of options to revive flagging growth — on Tuesday said it appointed former Rovi Corp CEO and IBM Corp veteran Alfred Amoroso and ex-eBay COO Maynard Webb as independent directors.
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