In a clear attempt to keep staff from bolting to Google inform employees about the upcoming proxy fight with Carl Icahn, Yahoo CEO Jerry Yang sent an e-mail to his staff. Besides explaining the process, he said the following:
“we believe the yahoo! board has the independence, knowledge and commitment to navigate the company through the rapidly changing internet environment and to deliver value for yahoo! and its stockholders. as we’ve said repeatedly, the entire yahoo! board is fully committed to doing what is in our stockholders’ best interests. as yahoos, it’s more important than ever that we put aside the rhetoric and continue to focus on strategic objectives and our efforts to maximize stockholder value. i want to thank all of you for your continued hard work and dedication through this distracting time. you are our most valued asset.”
It would be interesting to see how many Yahoo employees are actually leaving because of the Yahoo/Icahn battle. Anybody inside Yahoo want to leave me a comment and let me know?
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This entry was posted on June 7, 2008 at 7:13 pm and is filed under Commentary with tags Icahn, Yahoo. You can follow any responses to this entry through the RSS 2.0 feed.
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Yang Sends E-mail To Staff To Explain Proxy Fight…. Sure…
In a clear attempt to keep staff from bolting to Google inform employees about the upcoming proxy fight with Carl Icahn, Yahoo CEO Jerry Yang sent an e-mail to his staff. Besides explaining the process, he said the following:
“we believe the yahoo! board has the independence, knowledge and commitment to navigate the company through the rapidly changing internet environment and to deliver value for yahoo! and its stockholders. as we’ve said repeatedly, the entire yahoo! board is fully committed to doing what is in our stockholders’ best interests. as yahoos, it’s more important than ever that we put aside the rhetoric and continue to focus on strategic objectives and our efforts to maximize stockholder value. i want to thank all of you for your continued hard work and dedication through this distracting time. you are our most valued asset.”
It would be interesting to see how many Yahoo employees are actually leaving because of the Yahoo/Icahn battle. Anybody inside Yahoo want to leave me a comment and let me know?
Share this:
Like this:
Related
This entry was posted on June 7, 2008 at 7:13 pm and is filed under Commentary with tags Icahn, Yahoo. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.