Song of The Day: Battleflag - Artist: Lo Fidelity Allstars
So Yahoo! reaches an early end to its nasty proxy fight. This is not as surprising, in my book, as seeing one name mentioned with the slate of Icahn directors: Jon Miller.
We’ve also agreed to expand our Board to make room for two additional members to be chosen by the Board upon the recommendation of the Board’s Nominating and Governance Committee from a list that includes the rest of Mr. Icahn’s slate and Jon Miller, former Chairman and CEO of AOL.
Read the whole thing from Mr. Yang here.
If that name isn’t familiar then read all about Miller’s departure from AOL in 2006. A phoenix rising? Don’t know, but certainly interesting with possible foreshadowing of a Yahoo!-AOL deal.
Tags: Eric O’Laughlen, Jon Miller, Yahoo!
Not sure if Miller joining Yahoo’s board will actually help or hurt AOL’s chance of getting acquired by Yahoo. Miller knows the real numbers of AOL so he can BS if he sees any over hyped metrics to pump up valuation. Plus he didn’t leave on the best of terms with the current management team. Most of his direct reports have left AOL or fired by the current management team.