Yahoo Inc Management team welcomes Jeffrey Smith
Q. Yahoo has appointed which CEO as its board member?- Published on 04 May 16a. Satya Nadella
b. Jeffrey Smith
c. Tim Cook
d. None of the above
ANSWER: Jeffrey Smith
Yahoo Inc's management team and directors have given a warm welcome to Starboard Value LP chief executive Jeffrey Smith since he joined the company's board after a contentious battle on May 2nd.
- The founder of the activist hedge fund is coming off a major agreement struck with Yahoo in a deal in which Smith and three associates joined the internet company's board of directors after a contentious battle that nearly went to a shareholder vote.
- After more than a year of pushing for business and leadership changes at Yahoo, Starboard nominated a nine-member slate this spring to replace Yahoo's entire board. With the proxy battle now finished, the company is pressing ahead with the auction of its core business.