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A comment on What Went Wrong for Yahoo. Parent comment

Re:What Went Wrong for Yahoo by SoftTalker on Saturday July 26, 2025 @11:40PM (#44698762)
Why have a board then? Just let the shareholders vote directly on corporate decisions.
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Re:What Went Wrong for Yahoo by chistev on Sunday July 27, 2025 @04:04AM (#44699653)
Yea, I'm really confused on this.

Someone who understands it well should explain please.

Like the Astronomer CEO that was forced to resign, could the sane thing happen to Zuckerberg in similar circumstances since he has majority share?

What If it was something entirely different, could they force him out? I don't understand it.

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Re:What Went Wrong for Yahoo by ksec on Sunday July 27, 2025 @12:20PM (#44702398)
Wondering the same, would love if someone could explain it. Hypothetically if Founder / CEO have 100% voting rights and all current public shares have non-voting right, the board could still fire the CEO?

i.e The only way to prevent this from happening would be to stay private?

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