Yahoo! Inc. (YHOO) Announces Maynard Webb Is The Permanent Board Chairman

Posted Aug 17, 2013

Yahoo! Inc. (NASDAQ:YHOO) has announced that Maynard Webb is the company’s permanent chairman.  Webb is a long-time technology executive and angel investor.  He founded the Webb Investment Network in 2010 is the former CEO of LiveOps (between 2006-2011) and former eBay chief operating officer (between 1999-2006).

?Maynard Webb?s leadership and guidance have been an invaluable part of our board since he joined it in 2012,? stated Yahoo! spokesperson Anne Espiritu. ?We are honored that Maynard will continue to serve as Chairman of the Board.?

Webb became the interim chairman this past April after Fred Amoroso stepped down.

[Source: Bloomberg]