Originally posted on paidContent:
One of my best friends in high school, one of the smartest people I knew, was so careful driving that she would only leave one busy spot by making right turns until she ended up at a light for a safe left. It’s not a stretch to see why thinking about the new Yahoo(s yhoo) board made me think of her. Lots of bright people driving 50 mph in the fast lane to avoid their predecessors’ pileups.
That’s why the annual shareholders meeting Thursday sounded a tad off key. (Sounded because the company that brags about its video views only webcast the audio for the Santa Clara, Calif., event.) Listening to interim CEO Ross Levinsohn talk about a road map he may not be there to chart or navigate rang a little hollow. Not his fault — Levinsohn is at heart a salesman who knows when to pitch and how to gauge answers.
But knowing that the 11 board members elected for a full term at the meeting have yet to agree on a CEO — and that the entire process might wind up as nothing more than an elaborate exercise — makes it hard to take as a real sign of where Yahoo is headed.