Bartz holds first shareholder meeting at Yahoo

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Bartz holds first shareholder meeting at Yahoo

First meeting a low-key affair.

Carol Bartz held her first shareholder meeting as chief executive of Yahoo on Thursday.

In the meeting, Bartz discussed the company's future plans, though few specifics were mentioned. Among the ideas the new chief executive floated were retooling the site's main page and cutting or selling some of Yahoo's other web properties.

In her time at the helm of Yahoo, Bartz has also made retooling the company's advertising programme and narrowing its business focus top priorities.

The Yahoo chief skirted around talk of a possible deal with Microsoft, stating that there was "nothing to say" on the matter. Both Microsoft and Yahoo have stated their willingness to discuss a search advertising deal, though neither side has commented on any actual negotiations.

Investors also voted to keep the current board of directors in tact.

The calmer nature of the meeting was a sharp contrast to last year's shareholder meeting, in which an investor revolt lead to a re-shaping of the company's board of directors.

The meeting and subsequent shareholder vote marked the beginning of the end for then-chief executive Jerry Yang. Shortly after the meeting, Yang announced his intent to step down and in January of 2009 Bartz was named as his replacement.

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