Yahoo! Inc. (NASDAQ: YHOO) today announced the nomination of Dr. Jane E.
Shaw to the company's board of directors. Shareholders will vote on the
nominees, including Dr. Shaw as well as David Filo, Charles R. Schwab
and H. Lee Scott, Jr, at the company's annual meeting of shareholders on
June 25, 2014.
"I'm delighted at the prospect of Dr. Shaw joining the Yahoo board,"
said Marissa Mayer, CEO of Yahoo. "I greatly respect Dr. Shaw's business
acumen and personally admire the passion and contributions that she has
brought to science and technology. She would make an exceptional
addition to the board as we work to accelerate Yahoo's positive
"Dr. Shaw possesses an impressive depth of relevant knowledge that stems
from her many years serving on the boards of public companies," said
Maynard Webb, chairman of the board at Yahoo. "Her extensive leadership
experience should greatly enhance our board's ability to provide
thoughtful counsel and would contribute significantly to the continued
growth and success of Yahoo."
"I am delighted to have the opportuniy to contribute my operational and
board experience to the activities of Yahoo, and look forward to working
with the board and the management team at this interesting time," said
Jane E. Shaw, Ph.D. served as a member of the board of directors of
Intel Corporation, from 1993 to 2012, and served as its non-executive
Chairman of the board from 2009 to 2012. From 1998 to 2005, Dr. Shaw
served as the Chairman and Chief Executive Officer of Aerogen, Inc., a
company specializing in the development of products for improving
respiratory therapy. Dr. Shaw joined the ALZA Corporation, a specialty
pharmaceutical company that focused on novel ways of delivering
medications to the body, as a research scientist in 1970; she remained
with the company for 24 years, serving as President and Chief Operating
Officer from 1987 to 1994. She is also a member of the boards of
directors of McKesson Corporation and several private and non-profit
Yahoo is focused on making the world's daily habits inspiring and
entertaining. By creating highly personalized experiences for our users,
we keep people connected to what matters most to them, across devices
and around the world. In turn, we create value for advertisers by
connecting them with the audiences that build their businesses. Yahoo is
headquartered in Sunnyvale, California, and has offices located
throughout the Americas, Asia Pacific (APAC) and the Europe, Middle East
and Africa (EMEA) regions. For more information, visit the pressroom (pressroom.yahoo.net)
or the Company's blog (yahoo.tumblr.com).
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