Yahoo!
Loeb through his company Third Point LLC which holds 5.8% of Yahoo! stock had been trying to gain seats on the board of directors of Yahoo! He has proposed the addition of himself as well as Jeff Zucker, former NBC Universal CEO, Harry Wilson former Goldman Sachs (GS) and Michael J. Wolf, former MTV Networks (VIA) executive, to the Yahoo! board. On May 3, 2012, Daniel Loeb revealed that the new CEO of Yahoo!, Scott Thompson, did not possess a Computer Science degree as had been commonly assumed for many years, As a result, Scott Thompson resigned on May 13, 2012. Yahoo! also announced on May 13, 2012 that Loeb, Harry Wilson, and Michael Wolf will become members of the Yahoo! board.
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