Yahoo! Inc., a month after hiring Scott Thompson as chiefexecutive officer, added two directors and announced the departureof Chairman Roy Bostock and three others in a board shakeup aimedat spurring a turnaround.

Alfred Amoroso, a former International Business Machines Corp.executive who ran Rovi Corp. until last year, and Maynard Webb,EBay Inc.'s ex-chief operating officer, will join the board, Yahoosaid today in a statement. Bostock, Gary Wilson, Arthur Kern andVyomesh Joshi, meanwhile, won't stand for re-election asdirectors.

Yahoo, the biggest U.S. Web portal, has faced mounting pressurefrom shareholders to revamp management following years of decliningsales and market-share losses to Google Inc. and Facebook Inc. Thecompany, in the midst of a strategic review, said today it hasweighed proposals for equity investments yet hasn't received anattractive offer. It continues to discuss a possible sale of itsholdings in Asian assets, including Alibaba Group Holding Ltd.

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