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May 07, 2008

Um, What about the Board?

Henry calls out something important in this Tech Ticker video: That there is never enough criticism of public company boards in matters like YHOO-MSFT. When I was a guest on KQED's Forum back when Microsoft first announced its intention to buy Yahoo, everyone was heaping derision on Terry Semel for getting Yahoo in this position. Said Sarah at the time: What about the board who didn't replace him? Similarly, Henry points out that TechCrunch's rumors that Jerry Yang could get replaced are silly. If shareholders' interest were indeed neglected, Yahoo chairman Roy Bostock should be the one held accountable, not Yang. (Or at least not just Yang.)

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