Cisco (CSCO) discloses Yahoo co-founder Jerry Yang will retire from the company's board "to more...

|About: Cisco Systems, Inc. (CSCO)|By:, SA News Editor

Cisco (CSCO) discloses Yahoo co-founder Jerry Yang will retire from the company's board "to more fully pursue new personal and business interests." This will reduce the size of Cisco's board, accused at times of being filled with John Chambers' cronies, to 13. Yang resigned from Yahoo's (YHOO) board in January, apparently over his unwillingness to part with the company's Alibaba and Yahoo Japan stakes. (recent Cisco board additions)