John Chapple Stepping Down From Yahoo!

Yahoo! Inc. (NASDAQ:YHOO) is losing a board member. John Chapple, the former CEO of Nextel is standing for re-election to the Yahoo! Board of Directors. Chapple was appointed to the board as per the request by Carl Icahn during the proxy war against Yahoo! Icahn is no longer trying to negotiate an acquisition deal with Microsoft, but the search engine company did make a deal with Bing.com. It is likely that Chapple will focus more on his private equity firm Hawkeye Investments. [BusinessInsider]

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