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Yahoo Shareholder Meeting: Not Much

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Yahoo Shareholder Meeting: Not Much

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Yahoo's shareholders didn't raise much dust at the most recent meeting.

Shareholder activist and newly minted Yahoo board member Daniel Loeb sat on the dais for the first time today, according to All Things D ... and little else happened.

Loeb's proxy fight earlier this year to shake up the company ended when he was seated on the board.

The only news of note from inside the Marriott ballroom in Santa Clara, Calif., was the talks to resolve "the sale of Yahoo assets in Japan," according to Kara Swisher, who got in the room by becoming a proxy for an investor.

It's been quite a year at Yahoo leading up to today's rubber-stamping of the new board.

  • Two CEOs ousted
  • One resume scandal
  • Co-founder Jerry Yang splitting the scene
  • The new board of directors

Shareholders pointed out that the company lagged in innovating new products -- especially ones like Facebook and Spotify and any number of startups in the mobile space.

Related Topics Lack of Drama, yahoo, loeb, shareholder
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