Icahn nominees join Yahoo! board
Former chief executives of Viacom and Nextel are chosen from Icahn’s list of nine recommendations.
Yahoo! has selected former chief executives of Viacom Inc. and Nextel Partners to join its board of directors as part of the company's deal with Carl Icahn.
Frank Biondi Jr. from Viacom Inc. and John Chapple from Nextel Partners were chosen from a list of nine recommendations by the billionaire investor.
"Frank's extensive experience in the entertainment and media industries, combined with John's deep management experience in telecommunications, will provide valuable perspectives to our already diverse board," Yahoo! chairman Roy Bostock said in a statement.
To make way for the new directors, Robert Kotick, chief executive of video game maker Activision Blizzard Inc., stepped down after five years on Yahoo's board.
It's interesting to note that none of the three new directors have experience leading a web company.