Reed Rayman: Last News

Actress and co-founder of the Honest Company (a consumer wellness products firm) Jessica Alba, has become a Yahoo board member. Alba was chosen from a group of tech, media, finance, sports entertainment and private equity. 

Todd Spangler NY Digital EditorYahoo, the nearly three-decade-old internet brand, is adding six new members to the privately held company’s board, including actor and entrepreneur Jessica Alba.Verizon Media sold Yahoo last year for $5 billion to private-equity firm Apollo Group while the telco retained a 10% ownership stake. The company hired Jim Lanzone, former Tinder and CBS exec, as CEO.In addition to Lanzone and representatives from Apollo and Verizon, the new members of the Yahoo board are Alba, founder and chief creative officer of mission-driven consumer products company The Honest Co.; Aryeh Bourkoff, founder and CEO of investment bank LionTree; Cynthia Marshall, CEO of the Mark Cuban-owned Dallas Mavericks; Fouad ElNaggar, co-founder and CEO of Array; K5 Global founder and CEO Michael Kives; and Katie Stanton, founder and general partner of Moxxie Ventures, who previously was a senior exec at Twitter, Google, Yahoo, and Color.

Todd Spangler NY Digital EditorYahoo, less than two weeks after officially separating from Verizon, announced digital media veteran Jim Lanzone as its new CEO.Lanzone, most recently CEO of Tinder and former head of CBS Interactive, will join Yahoo on Sept. 27, 2021.