RiskMetrics ISS found that Yahoo's recent settlement with dissident investor Carl Icahn would be sufficient to protect shareholder interests in the next year.
Under the agreement that avoided a showdown at the company's Aug. 1 annual meeting, Icahn and two members of his proposed slate of directors will join an expanded Yahoo board.
proxy advisory firm, Glass Lewis & Co., is recommending that shareholders vote against three Yahoo directors: Chairman Roy Bostock, Ron Burkle and Arthur Kern. The three were opposed by more than 30%
of Yahoo shareholders at last year's annual meeting.--Mark Walsh