Patti Hart Will Not Seek Re-Election to Yahoo Board
SUNNYVALE, Calif.--(BUSINESS WIRE)--
Yahoo! Inc. (NASDAQ:YHOO), the premier digital media company, today
announced that Patti Hart has decided not to seek re-election to the
Yahoo! board at the upcoming 2012 annual meeting of Yahoo! shareholders.
Ms. Hart, the chief executive officer of International Game Technology
(NYSE:IGT), informed the Yahoo! board that the IGT board requested that
she not seek reelection as a Yahoo! director.
"We thank Patti for her years of service and wish her all the best," the
Yahoo! board said.
Following the completion of Ms. Hart's term at the annual meeting, the
board will comprise nine directors.
Important Additional Information
Yahoo! has filed a preliminary proxy statement with the Securities and
Exchange Commission (the "SEC") and will be filing a definitive proxy
statement with the SEC in connection with the solicitation of proxies
for its 2012 annual meeting of shareholders. Shareholders are
strongly advised to read Yahoo!'s 2012 definitive proxy statement
(including any amendments or supplements thereto) when it becomes
available because it will contain important information.
Shareholders will be able to obtain copies of Yahoo!'s 2012 proxy
statement, any amendments or supplements to the proxy statement, and
other documents filed by Yahoo! with the SEC in connection with its 2012
annual meeting of shareholders for no charge at the SEC's website at www.sec.gov.
Copies of the proxy materials may also be requested from the Company's
proxy solicitor, Innisfree M&A Incorporated, by telephone at (877)
750-9499 (toll-free) or by email at firstname.lastname@example.org.
Yahoo!, its directors, executive officers and certain employees are
deemed participants in the solicitation of proxies from shareholders in
connection with Yahoo!'s 2012 annual meeting of shareholders.
Information regarding Yahoo!'s directors, executive officers and other
persons who, under rules of the SEC, are considered participants in the
solicitation of proxies for the 2012 annual meeting of shareholders,
including their respective interests by security holdings or otherwise,
is set forth in the preliminary proxy statement Yahoo! filed with the
SEC on April 27, 2012 and will be set forth in the definitive proxy
statement for Yahoo!'s 2012 annual meeting of shareholders when it is
filed with the SEC.
Yahoo! is the premier digital media company, creating deeply personal
digital experiences that keep more than half a billion people connected
to what matters most to them, across devices and around the globe. And
Yahoo!'s unique combination of Science + Art + Scale connects
advertisers to the consumers who build their businesses. Yahoo! is
headquartered in Sunnyvale, California. For more information, visit the
or the company's blog, Yodel Anecdotal (yodel.yahoo.com).
Dana Lengkeek, 408-349-1130 (Media Relations)
Source: Yahoo! Inc.
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