May 22 - 11:35pm EDT
Amid the ongoing Yahoo financial drama, Edward Kozel, a member of Yahoo’s board of directors, is stepping down from his position to spend more time with his family and the company has postponed its annual meeting until the end of July. MarketWatch reports that the news comes as billionaire Carl Icahn sets is sights on replacing Yahoo’s board in a proxy war, and could be Kozel’s way of dealing with not wanting to lose face in the eyes of other potential companies. Kozel announced he would be focusing on personal matters, including a move with his family to Europe in the summer. [full story]<< first1last >>
