Chapter 2 in Yahoo’s Summer of Drama
Yahoo is starting its first full week with an updated board of directors and a fresh outlook for the future. Former Viacom CEO Frank Biondi Jr. and former Nextel CEO John Chapple — both recommended by outspoken shareholder-turned-board-member Carl Icahn — were officially appointed to leadership roles Thursday. Now, the company will try to find the path away from public battles and into success. Icahn, for his part, has yet to reveal a formal plan to turn the company around. He initially promised a “quick sale” to Microsoft, but that notion is looking less and less likely.
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Chapter 2 in Yahoo’s Summer of Drama
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