Briefly met Jerry Yang prior to the meeting, and he seemed very relaxed. Only about 100 people in the room...thin. Roy Bostock, the most active board member from Yahoo during the MSFT drama, is up and speaking, and introducing other board members.
CFO and General Counsel Michael Callahan is going through the motion, detailing the proxy voting procedures. Any gold proxy card will not be voted at the meeting..this was the Icahn group card, he mentions. No dissenting shareholders proposed their names to appoint alternate board members...surprise, surprise.
A rep from The United Brotherhood of Carpenters Pension Fund, an investor in Yahoo, is up now, and is challenging the compensati[...]