Sunday, August 3, 2008

Yahoo board wins solid shareholder backing in vote

The headquarters of Yahoo Inc. is pictured in Sunnyvale, California, May 5, 2008. Yahoo Inc's board of directors won strong backing from shareholders at its annual meeting on Friday, with Jerry Yang, the company's embattled CEO, receiving 85 percent of the vote in his favor. (Robert Galbraith/Reuters)
Reuters - Fri Aug 1, 8:41 PM ET

SAN JOSE, California (Reuters) - Yahoo Inc's board of directors won strong backing from shareholders at its annual meeting on Friday, with Jerry Yang, the company's embattled CEO, receiving 85 percent of the vote in his favor.

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