
Chairman of the Board of Directors Yahoo! Fred Amorozo resigned . This was officially reported in the company itself.
Amorozo, a former IBM Corp top manager, leaves his post immediately, but as part of the board of directors will remain before the meeting of the shareholders, which will be held on June 25. Amorozo's duties will temporarily fulfill Mainard Webb - the youngest.
There is no surprise in this, however,. When Amorozo entered the post in May last year, he warned that he was ready to be temporarily on it, only a year. During this time, the company managed to invite the former Google top manager Marissa Mayer to the post of CEO, change a significant part of the management and release several new products. It seems to be Yahoo !! Indeed, they are recovering.
Mayer came to Yahoo! In July 2012, and since then the company shares have increased in price by 60%. The departure of Amorozo reduced their cost by 8 cents, to $ 25.12.
However, experts are sure that there is nothing to worry about: Mayer is successfully fighting with all the problems of the company, and it has enough influence in order to make unpopular decisions.See also: Yahoo bought a startup of a 17-year-old guy for $ 30 million →
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