Tor Braham, former global head of technology mergers at Deutsche Bank, also will join as independent directors, Yahoo said. As part of the agreement, Starboard has withdrawn its slate of nominees to the Yahoo board. Get Down to Business "The constructive resolution will allow management and the board to keep our focus on our extremely important objectives," Yahoo CEO Marissa Mayer said, adding that management is looking forward to working with the entire board, including the new directors, to increase shareholder value.
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Tor Braham, former global head of technology mergers at Deutsche Bank, also will join as independent directors, Yahoo said. As part of the agreement, Starboard has withdrawn its slate of nominees to the Yahoo board. Get Down to Business "The constructive resolution will allow management and the board to keep our focus on our extremely important objectives," Yahoo CEO Marissa Mayer said, adding that management is looking forward to working with the entire board, including the new directors, to increase shareholder value.