1. 'The Current Board As a Whole Has Failed'

    'The Current Board As a Whole Has Failed'

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    Activist investor Eric Jackson of SpringOwl Asset Management has joined the call for a board shake up at Yahoo, telling Business Insider that "the current board as a whole has failed its fiduciary responsibilities."

    "All Yahoo shareholders want to see new representation on the board. That's most important," he said via e-mail...

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    1. If the Board is unwilling to accept the need for significant change, then an election contest may very well be needed so that shareholders can replace a majority of the Board with directors who will represent their best interests and approach the situation with an open mind and a fresh perspective.
    2. We are pleased as shareholders. This management team and board have been tone deaf to the voices of shareholders for some time. Changes need to be made immediately.
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