Yahoo Director Peter Liguori to Retire From Company Board

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Yahoo! Inc. director Peter Liguori, the chief executive officer of Tribune Co., won’t seek re-election at the Internet company’s shareholder meeting in June, the second board member to signal an exit in as many months.

John Hayes, who joined about the same time as Liguori amid a board shakeup in 2012, said on March 27 that he was stepping down. Liguori informed Yahoo’s board on April 8 that he wouldn’t seek re-election, the company said today in a statement. After the departure of both directors, the board would drop to five members.