Industry Moves, Hires: Yahoo, Collective, ContextWeb
ADOTAS – Robert Kotick, Yahoo Inc.’s director, will resign after the company’s annual meeting Aug. 1 in compliance with the settlement the Internet pioneer recently made with activist investor Carl Icahn. Kotick, CEO of Activision Blizzard, had already announced that he wouldn’t run for re-election.
In a filing today with securities regulators, Yahoo officially said it will expand its board from 9 to 11, making room (with Kotick’s leave-taking) for Icahn and two of his hand-picked candidates. To remain on the board, Ichan must own at least 30 million shares of Yahoo.
In other industry news, Collective Media announced the expansion of its national sales force in Chicago and Detroit. The online advertising network brought Jeffrey Dillman on board as a regional sales director in Chicago; he hails from Tribal Fusion / Exponential Interactive. David Terski joins as an account executive responsible for Detroit; previously, he was an account executive for Tribune Interactive.
ContextWeb, a contextual ad company, has announced that Chip Meakem has joined its advisory board. Meakem is a general partner at Kodiak Venture Partners.
Article Sponsor
More News
Reader Comments.
No comments yet
Leave a Comment
Spotlight
Turn VP: Ad Network Shakeout “Inevitable”ADOTAS EXCLUSIVE – Turn bills itself as the world’s first Smart Market for online advertising. Turn’s VP of product and [...] more...
Features
- With Ads, Pretty Is as Pretty Does November 21st 2008
- Holiday Hootenanny: Win the Ad WAR November 20th 2008
- When Boomers, Gen Y Collide November 20th 2008
- How Google Is Jeopardizing Search Biz November 19th 2008
- Click Fraud To Shape Ad Decisions in 2009 November 18th 2008
Latest News
- Goodmail Reels in $20M November 21st 2008
- Yahoo Sells Off Shopping Site at Discount November 21st 2008
- Paper-Loving Paramount Goes Digi November 21st 2008
- Google Personalizes Search Results November 21st 2008
- Verizon Staff Hacked Into Old Obama Account November 21st 2008
- IAB: Q3 Raked in $5.9B November 21st 2008
- Ad Spend Forecast Down Overall, Online Safe for Now November 20th 2008
- Will Bandwidth Limits Kill the Video Ad? November 20th 2008
Reader Favorites
Classifieds
Most Commented
- Targeting Is the Ad Network "Killer App" (7)
- Study: Blogs Beat Social Networks on Purchase Influence (5)
- Vengence is Mine Saith Ballmer (4)
- Marketing Secrets of an Online “Lurker” (3)
- Self-Serve Ad Exchange: This Century's Strowger Switch? (3)
- Federal Bailout Proposed for Online Ad Industry (3)
- What Obama's Win Means for Advertisers (3)
- The Coming eRevolution in Online Marketing (2)
