Yahoo Adds 1 Director, Loses 2 Board Members

Don't let it get away!

Keep track of the stocks that matter to you.

Help yourself with the Fool's FREE and easy new watchlist service today.

Click Here Now

Yahoo! (NASDAQ: YHOO ) is now one board member lighter, as two directors have left and a new one has been appointed, the company reported in an official press release. Ex-Google (NASDAQ: GOOG ) executive, computer scientist, and entrepreneur Max Levchin is the new addition.

Levchin was vice president of engineering at Google following that company's acquisition of Slide, a software developer which he founded and managed. He is currently the chairman of the board at both data aggregator Kaggle, and Yelp (NYSE: YELP ) .

Departing from the board are David Kenny and Brad Smith. According to Yahoo!, the two men have left to concentrate on their respective firms.

With these moves, Yahoo! now has a board consisting of 11 individuals.

More Expert Advice from The Motley Fool

The Motley Fool's chief investment officer has selected his No. 1 stock for the next year. Find out which stock in our brand-new free report: "The Motley Fool's Top Stock for 2013." I invite you to take a copy, free for a limited time. Just click here to access the report and find out the name of this under-the-radar company.

Jeff Fischer and team have demystified options. And they can rack up income like $1,030... $2,626... and $3,228 on a schedule you can set your watch by!
That's why we're glad to announce every single one of their closely guarded strategies is available to YOU during May and June – 100% FREE, no strings attached! Just enter your email address in the box below...

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment icon found on every comment.