Advertisement
Singapore markets close in 11 minutes

  • Straits Times Index

    3,327.47
    -2.62 (-0.08%)
     

  • Nikkei

    38,556.87
    -298.50 (-0.77%)
     

  • Hang Seng

    18,477.01
    -344.15 (-1.83%)
     

  • FTSE 100

    8,239.85
    -14.33 (-0.17%)
     

  • Bitcoin USD

    67,768.02
    -342.69 (-0.50%)
     

  • CMC Crypto 200

    1,461.29
    -23.40 (-1.58%)
     

  • S&P 500

    5,306.04
    +1.32 (+0.02%)
     

  • Dow

    38,852.86
    -216.74 (-0.55%)
     

  • Nasdaq

    17,019.88
    +99.08 (+0.59%)
     

  • Gold

    2,347.40
    -9.10 (-0.39%)
     

  • Crude Oil

    80.44
    +0.61 (+0.76%)
     

  • 10-Yr Bond

    4.5420
    +0.0750 (+1.68%)
     

  • FTSE Bursa Malaysia

    1,608.30
    -7.52 (-0.47%)
     

  • Jakarta Composite Index

    7,154.33
    -99.30 (-1.37%)
     

  • PSE Index

    6,411.41
    -89.93 (-1.38%)
     

Yahoo nominates co-founder, 2 others to join board

Yahoo nominates company co-founder, stock brokerage magnate, former Wal-Mart CEO to board

Associated Press

SUNNYVALE, Calif. (AP) -- Yahoo co-founder David Filo is vying to rejoin the Internet company's board after an 18-year absence.

The 47-year-old Filo is among three board candidates hoping to be elected at Yahoo's annual meeting scheduled for June 25. Yahoo Inc. disclosed the candidates to fill recently vacated positions in a regulatory filing Wednesday.

The other nominees to the board are Charles Schwab, the founder of a stock brokerage that still bears his name, and H. Lee Scott Jr., the former CEO of Wal-Mart Stores Inc. Yahoo Inc. CEO Marissa Mayer is on Wal-Mart's board.

Filo started Yahoo with Jerry Yang in a trailer while they were Stanford University graduate students in 1994. Although he gave up his seat on the company's board in 1996, Filo has remained among Yahoo's largest shareholders.