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

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, 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
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

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

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
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!
DOW 17,161.61 +29.64 0.17%
S&P 500 2,007.01 +8.03 0.40%
NASDAQ 4,574.92 +22.1610 0.49%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

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