What Is Starboard's Goal With Yahoo Board Plan?

The transcript discusses Starboard's strategy to influence Yahoo's future by proposing a new board and selling Yahoo's core business. Starboard has a history of successful interventions, as seen with Darden Restaurants. The focus is on selling Yahoo's core assets, potentially fetching $5 billion, and leveraging stakes in Alibaba and Yahoo Japan. Starboard's proposed board members bring significant governance experience. Investor sentiment suggests support for a proxy fight, indicating dissatisfaction with current leadership. Yahoo faces financial challenges, with plans to cut costs and workforce under CEO Marissa Mayer.

What was Starboard's main objective with Yahoo?

• To expand Yahoo's workforce

• To merge Yahoo with Alibaba

• To sell Yahoo's core business

• To initiate a turnaround similar to Darden Restaurants

Who is one of the proposed directors for Yahoo's board by Starboard?

• The former CEO of Google

• The former CFO of Microsoft

• The current CEO of Apple

• The former head of Tech M&A at Deutsche Bank

What is the main concern of Yahoo's shareholders regarding the current board?

• Lack of experience in the tech industry

• Poor track record over the past 18 months

• Over-reliance on advertising revenue

• Excessive focus on international markets

What financial strategy did Marissa Mayer propose for Yahoo?

• Increasing the workforce by 15%

• Expanding into new international markets

• Cutting $400 million in expenses

• Acquiring new tech startups

What is the shareholders' main demand from Yahoo's management?

• Higher dividends

• Tangible results from restructuring

• Increased marketing efforts

• More acquisitions