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Thursday, 23 June 2011 - Yahoo board chairman voices support for CEO Bartz |
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    Edition: U.S. Article Comments (0) Paris Air Show AirAsia rules Paris with record order Airbus clinches $72.2 billion of orders at show Cobham CEO says U.S. contract awards on rise Airlines in EU biofuels pact to cut pollution Northrop plans bigger push into adjacent markets Secretive VIPs splash the cash on customized jumbos Boeing rights a wrong: the flight attendant button Plane Price Calculator: Find out how much jet orders are worth Video: Paris shows aviation innovation Slideshow: The Paris Air Show Follow Reuters Facebook Twitter RSS YouTube Read Winklevoss twins end appeal of Facebook settlement 7:45am EDT Dutch populist Geert Wilders acquitted of hate speech 8:16am EDT WRAPUP 5-Democrats push for jobs package in debt deal 22 Jun 2011 Women can't keep breast implants for life: FDA 22 Jun 2011 Jobless claims point to weak labor market 10:50am EDT Discussed 130 CBO sees government benefits swamping U.S. economy 49 IMF cuts U.S. growth forecast, warns of crisis 50 Obama to unveil plan to withdraw troops from Afghanistan Watched Hefner's revenge; Ryan Reynolds stops traffic Fri, Jun 17 2011 Airbus A380 damaged at Paris Air Show Mon, Jun 20 2011 Paris shows aviation innovation Wed, Jun 22 2011 Yahoo board chairman voices support for CEO Bartz Tweet Share this Email Print Related News Yahoo, Alibaba, Softbank say making progress on Alipay Wed, Jun 22 2011 Pandora's allure fades on profitability doubts Wed, Jun 15 2011 Palin emails offer inside glimpse, no big revelations Sat, Jun 11 2011 Alaska emails may shine light on Sarah Palin Fri, Jun 10 2011 Exclusive: Yahoo, Alibaba reach deal over Alipay: sources Tue, May 31 2011 Analysis & Opinion Assigning value to online content Tech wrap: Panasonic profits shaken by quake Related Topics Technology » Yahoo CEO Carol Bartz delivers a speech at the GSMA Mobile World Congress in Barcelona February 16, 2011. Credit: Reuters/Gustau Nacarino SAN FRANCISCO | Thu Jun 23, 2011 11:28am EDT SAN FRANCISCO (Reuters) - The chairman of Yahoo Inc's board of directors voiced support for Chief Executive Carol Bartz, saying the company has a clear path forward toward accelerated revenue growth. "The hard won progress that we have made is why this board is very supportive of Carol and the management team," Yahoo Chairman Roy Bostock said at the company's annual shareholder meeting on Thursday. While Bostock described efforts to turn Yahoo around as a "work in progress," he said the board was "confident that Yahoo is heading in the right direction." Shares of Yahoo were down 3.1 percent at $14.75 in midday trading. Bostock's comments come more than two years into Bartz's tenure as CEO of the struggling Internet company. Bartz has cut costs and boosted profit margins but has made scant progress reviving revenue growth. Yahoo's management and board have also been criticized by shareholders angry about how the company has handled its relationship with China's Alibaba Group, in which Yahoo owns a roughly 40 percent stake. (Reporting by Alexei Oreskovic; editing by John Wallace) Technology Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints   We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above. Social Stream (What's this?) © Copyright 2011 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Reader Feedback   Mobile Newsletters RSS Podcasts Widgets Your View Analyst Research Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week FindLaw Super Lawyers Attorney Rating Service Reuters on Facebook Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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