Yahoo! Appoints David Kenny to Board of Directors; Eric Hippeau Steps Down After Fifteen Years of Service
SUNNYVALE, Calif.--(BUSINESS WIRE)--
Yahoo! Inc. (NASDAQ:YHOO) today announced that effective April 1, 2011,
David Kenny, president of Akamai Technologies, Inc., will join the
company's Board of Directors and that Eric Hippeau will resign from the
Board.
"David is a transformative figure in the industry," said Roy Bostock,
Chairman of Yahoo!'s Board of Directors. "His unique background and
track record in media, advertising, and technology will add significant
value to Yahoo!'s Board."
Kenny currently serves as president of Akamai Technologies, Inc., a
service provider for accelerating and improving the delivery of content
and applications over the Internet. He was previously a managing partner
of VivaKi and chief executive officer of Digitas, Inc., where he
transformed the company from a direct marketing business to a
cutting-edge interactive communications firm.
"I look forward to offering my perspective to help further the company's
position as the premier digital media company," said Kenny. "It is a
privilege to join the Yahoo! Board of Directors."
Eric Hippeau has served on Yahoo!'s Board of Directors since 1996.
Through his deep global expertise in technology and content and strong
leadership positions in the industry, he made invaluable contributions
to the company and the Board.
"It has been a true honor to have served on Yahoo!'s Board from the very
early days of the company's history and to have been a part of the
company's growth into a digital media powerhouse," Hippeau said. "While
I have decided it is now best for me to focus on other businesses, it
has been a privilege to have served with such a distinguished group of
Directors. David Kenny is a phenomenal leader in the digital media space
and moving forward he will be a tremendous addition to Yahoo!'s Board."
"On behalf of our entire Board, I would like to thank Eric for his
dedication and contributions to Yahoo! and the Board," added Bostock.
"With his deep passion for the industry and Yahoo! specifically, he has
provided significant direction for the company during his long tenure
and we wish him well in his future endeavors."
About Yahoo!
Yahoo! (NASDAQ:YHOO
- News)
is an innovative technology company that operates the largest digital
media, content, and communications business in the world. Yahoo! keeps
more than half a billion consumers worldwide connected to what matters
to them most, and delivers powerful audience solutions to advertisers
through its unique combination of Science + Art + Scale. Yahoo! is
headquartered in Sunnyvale, California. For more information, visit the
pressroom (pressroom.yahoo.com)
or the company's blog, Yodel Anecdotal (yodel.yahoo.com).
Yahoo! is the trademark and/or registered trademark of Yahoo! Inc.
All other names are trademarks and/or registered trademarks of their
respective owners.
Yahoo! Inc.
Cathy La Rocca, 408-349-5188 (Investors)
cathy@yahoo-inc.com
Dana
Lengkeek, 408-349-1130 (Media)
danal@yahoo-inc.com
Source: Yahoo! Inc.
News Provided by Acquire Media
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