Yahoo! chairman steps down

Rappler.com

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AMOROSO STEPS DOWN. Fred Amoroso will not seek reelection to the board of directors at the upcoming 2013 annual meeting of shareholders, Yahoo! said in a release.
Yahoo! on Thursday announced that the chairman of the board was stepping down as freshly-minted chief Marissa Mayer forges ahead with an effort to revive the struggling Internet pioneer. Fred Amoroso will not seek reelection to the board of directors at the upcoming 2013 annual meeting of shareholders, Yahoo! said in a release. Maynard Webb Jr. was appointed to take over as chairman of the board, with Amoroso serving as a member until the shareholder meeting on June 25.

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