Yahoo founder Jerry Yang seems to be cutting back on his corporate commitments. The former CEO stepped down from Yahoo’s board earlier this year, under pressure from dissident investors. Now he’s leaving the board at Cisco, according to a regulatory filing, which says he intends to pursue “new business and personal interests.”
Yang first joined Cisco’s board in 2000. He will remain a director until the company’s annual shareholder meeting in November. But his fellow Cisco directors have voted to reduce the board’s size to 13, so he won’t be replaced.
Still on Cisco’s board is Carol Bartz, who replaced Yang as CEO at Yahoo until she was forced out of that job last year.