Yahoo Inc. (YHOO) on Friday said Tribune Co. (TRBAA) Chief
Executive Peter Liguori won't seek re-election to the Internet
giant's board of directors.
Yahoo didn't provide a reason for Mr. Liguori's impending
departure, in a Securities and Exchange Commission filing.
Mr. Liguori, who also serves on Tribune's board, will continue
to serve on the Yahoo board until the company's annual meeting,
according to the filing.
Mr. Liguori, a veteran TV executive, has focused largely on
expanding Tribune's reach in broadcast since joining the company
last year.
Tribune, which emerged from bankruptcy in late 2012, is
preparing to spin off the newspaper publishing group that includes
the Los Angeles Times, Baltimore Sun and Chicago Tribune by
midyear. In November, the company said it would eliminate around
700 jobs from the newspaper division as part of a restructuring
process.
Before rising to Tribune's top post, Mr. Liguori had served as
chief operating officer of Discovery Communications. His background
also included executive posts with Fox Broadcasting Co. and
HBO.
Write to Maria Armental at maria.armental@wsj.com
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