John Hayes to Retire From Yahoo Board of Directors

  John Hayes to Retire From Yahoo Board of Directors

Executive Vice President and Chief Marketing Officer, American Express Company
served on Yahoo board since 2012

Business Wire

SUNNYVALE, Calif. -- March 27, 2014

Yahoo! Inc. (NASDAQ: YHOO) today announced that John Hayes, Executive Vice
President and Chief Marketing Officer, American Express Company, has decided
not to seek re-election to Yahoo’s board of directors at the company’s
upcoming 2014 shareholder meeting in June.

“John brought enthusiasm, expertise, and energy to the Yahoo board. His
insights into how to nurture our brand and implement our strategy have been
invaluable,” said Yahoo CEO Marissa Mayer. “We greatly appreciate everything
that John has contributed to Yahoo, and will miss his perspective and his
leadership.”

“I have made the difficult decision to not seek re-election to the Yahoo
Board. While I have tremendous confidence in the continued progress and
success of Yahoo, I am unable to bring the time and focus I'd like to Yahoo,
given my broad executive responsibilities at American Express. I look forward
to continuing to offer my support both as a daily user and as a shareholder.”

Hayes joined the Yahoo board in April 2012, and currently chairs the
Nominating & Corporate Governance committee. He will remain a member of the
Yahoo board and will continue to chair the Nominating & Corporate Governance
committee through the annual shareholder meeting.

Hayes has served as a member of the Yahoo board since April 2012.He has
served as Executive Vice President of American Express Company since 1995 and
Chief Marketing Officer since 2003, overseeing the company's marketing
strategies and product development, as well as its global marketing, market
research and publishing organizations. Prior to joining American Express, he
was the President of Lowe & Partners, a leading brand and advertising firm,
where he focused on the development of product positions and global campaigns
for some of the world's top corporate brands.Hayes serves as a director of
Keurig Green Mountain, Inc. and is a member of the Board of Regents of Seton
Hall University.

AboutYahoo

Yahoois focused on making the world's daily habits inspiring and
entertaining. By creating highly personalized experiences for our users, we
keep people connected to what matters most to them, across devices and around
the world. In turn, we create value for advertisers by connecting them with
the audiences that build their businesses.Yahoo is headquartered
inSunnyvale, California, and has offices located throughout the
Americas,Asia Pacific(APAC) and theEurope,Middle EastandAfrica(EMEA)
regions. For more information, visit the pressroom (pressroom.yahoo.net) or
the Company's blog (yahoo.tumblr.com).

Contact:

Yahoo! Inc.
Media Relations Contact:
Sarah Meron, 408-349-4040
media@yahoo-inc.com
or
Investor Relations Contact:
Joon Huh, 408-349-3382
investorrelations@yahoo-inc.com
 
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