Yahoo shareholders content to wait and see
Yahoo's first annual shareholder meeting with Carol Bartz as CEO was largely uneventful, as she promised to turn Yahoo around by focusing on content and organization.
The actual business of the meeting was brief: all 12 nominees up for reelection to the board of directors were approved, three company-sponsored proposals were approved, and a shareholder "say on pay" proposal was rejected. Bartz spent most of the meeting talking about the work she has been doing to get Yahoo back on track, emphasizing that Yahoo has a strategy; it just needs to "execute"--business-speak for "… Read more