SUNNYVALE, Calif., Feb 16, 2010 (BUSINESS WIRE) -- Yahoo! Inc. (NASDAQ: YHOO) announced today that Ron Burkle has decided not to stand for re-election to the company's Board of Directors at its 2010 annual stockholders' meeting in order to devote more time to his other business interests. Mr. Burkle has served on the company's board since November 2001.
"On behalf of our entire board, I would like to thank Ron for his distinguished service and invaluable contributions to our company and board," said Roy Bostock, chairman of Yahoo!'s Board of Directors. "Yahoo! and its stockholders have benefited greatly from the counsel, insights and objectivity Ron has brought to the company during his nine years on the board. We wish him well in his future endeavors."
"It has been a great privilege to serve on Yahoo!'s board and to work with such an outstanding group of people," said Ron Burkle, managing partner of The Yucaipa Companies.
Yahoo!'s vision is to be the center of people's online lives by delivering personally relevant, meaningful Internet experiences. Yahoo! attracts hundreds of millions of users every month through its engaging content and services and innovative technology, making it one of the most trafficked Internet destinations and a world-class online media company. Yahoo! is headquartered in Sunnyvale, California. For more information, visit http://pressroom.yahoo.com or the company's blog, Yodel Anecdotal (http://yodel.yahoo.com).
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SOURCE: Yahoo! Inc.
Dana Lengkeek, 408-349-1130
Cathy La Rocca, 408-349-5188
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