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Cisco Says Jerry Yang to Exit as Director as Board Shrinks to 13

Sept. 19 (Bloomberg) -- Cisco Systems Inc. said Jerry Yang, a Yahoo! Inc. co-founder, will retire from its board to “more fully pursue new personal and business interests.”

Yang will not be replaced after the annual shareholders meeting on Nov. 15 and the number of directors will be reduced to 13, Cisco said in a filing.

To contact the reporter on this story: Ari Levy in San Francisco at alevy5@bloomberg.net

To contact the editor responsible for this story: Reed Stevenson at rstevenson15@bloomberg.net

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