This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Yahoo! Appoints Entrepreneur Max Levchin To Board Of Directors

Yahoo! Inc. (Nasdaq: YHOO) today announced that Max Levchin has been appointed to its board of directors, effective immediately.

Levchin is a computer scientist, serial entrepreneur and angel investor with extensive experience building enduring Internet companies. His latest undertaking, HVF, is focused on solving big problems and improving lives by extracting insights from the vast quantities of data around us. Prior to founding HVF, Levchin served as vice president of engineering at Google after its acquisition of Slide, an early developer of social applications which he founded and ran. Levchin incubated and was the first investor in Yelp. A graduate of the University of Illinois in Champaign-Urbana, he was one of the co-founders of PayPal as well as the company’s CTO, from founding through its acquisition by eBay.

Levchin also serves as chairman of the boards at Kaggle and Yelp and is a director at Evernote.

“Max is someone I’ve admired throughout my career for his phenomenal sense for great products and keen focus on user experiences,” said Marissa Mayer, CEO of Yahoo!. “I’m confident that his strong product and technology expertise will be a tremendous asset to Yahoo! as we work to transform the world’s daily habits.”

David Kenny and Brad Smith have decided to step down from the board in order to focus on their respective companies, effective immediately. There are now 11 directors on the Yahoo! board.

“I’d like to thank David and Brad for their stewardship of the company over the past few years. Both David and Brad played critical roles in bringing me to Yahoo!, so I’m especially grateful for the opportunity and trust they’ve placed in me. They also oversaw some of Yahoo!’s most significant transactions, including the recent Alibaba repurchase agreement. We will miss their leadership and partnership, and I know I speak for everyone at Yahoo! in wishing them the best,” said Mayer.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 17,686.54 +8.31 0.05%
S&P 500 2,058.85 +2.70 0.13%
NASDAQ 4,881.0770 +17.7150 0.36%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs