As part of the deal Yahoo brokered with Icahn, the firm agreed to expand its board to include Icahn and two new directors from a list of nine people Icahn recommended.
Icahn had originally threatened to replace the entire board with his own nominees, at a shareholder meeting on 1 August.
At the same meeting there was bad news for Yahoo chairman Roy Bostock and chief executive Jerry Yang, who received support from only 60 per cent and 66 per cent of Yahoo shareholder votes cast respectively.
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