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June 25th, 2009

Yahoo: Showtime for shareholders this morning

Posted by Sam Diaz @ 8:58 am

Categories: Yahoo

Tags: Shareholder, Yahoo! Inc., Financial Accounting, Finance, Sam Diaz

A lot has changed at Yahoo since its shareholders last gathered last year. Back then, Jerry Yang was running the show and anger was in the air over a missed opportunity to be acquired by Microsoft earlier in the year. The lynch mob of shareholders, led by billionaire investor Carl Icahn, were revolting.

Today, Sheriff Carol Bartz is running the show and, just in six months time has managed to bring some life back to the stock, make some necessary cuts and restore order to what was once a chaotic scene in Silicon Valley.

That’s not to say that Yahoo is out of the woods yet - there’s a lot of work to be done still. And shareholders gathering this morning are likely going to have plenty of questions about the direction of the company.

This morning, Kara Swisher over at the All Things D Boomtown blog offers up an exclusive about how the company is working on a major brand overhaul to restore its image and minimize the public perception of a company in transition because of turmoil.

No one is expecting Bartz and team to give away all the secrets at the shareholder’s meeting - but it will be interesting to listen in on what shareholders ask and what sort of answers Carol and Co. offer up.

Coverage of the meeting can be found here.

Previous coverage: Yahoo, Icahn settle proxy fight: Assessing winners and losers

Ya-hoooo: There’s a new sheriff in town and her name is Bartz!

Sam Diaz

Sam Diaz is a senior editor at ZDNet. See his full profile and disclosure of his industry affiliations.

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