Roy J. Bostock

Roy J. Bostock is an American businessman and has served as chairman of Yahoo! Inc. since January 2008. He also serves on the boards of directors of Morgan Stanley and Delta Air Lines. From 2000 to 2001 he served as chairman of the advertising firm BCom3 Group, Inc. He is the chairman of the Partnership for a Drug-Free America and a former trustee of Duke University.

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Early life

Bostock is a 1962 Phi Beta Kappa graduate of Duke, where he was an English Literature major and a member of the varsity baseball and football teams. Bostock also received an MBA from Harvard Business School.[1]

Career

Bostock joined Benton & Bowles in 1964. Following the merger and subsequent creation of D'Arcy Masius Benton & Bowles in 1985, Bostock served as President of the combined company. From 1990 to 1996, he served as Chairman and CEO of the company.[2] He also served was Chairman and CEO of the McManus Group from from 1996 to 2000 and Chairman of B/Com3 from 2000 to 2002.[3]

On 6 September 2011 Bostock fired Yahoo CEO Carol Bartz by telephone after stormy weather prevented their scheduled face-to-face meeting. Third Point LLC, which has a 5.2% in Yahoo, called for Bostock's resignation along with the rest of the board for a number of reasons.[4]

Personal life

Bostock and his wife, Merilee, have donated more than $8 million to Duke, and are the namesakes of Duke's Bostock Library.[5] He has three children.

References

  1. ^ Partnership for Public Service. Ourpublicservice.org. Retrieved on 30 September 2011.
  2. ^ Roy Bostock: Executive Profile & Biography – BusinessWeek. Investing.businessweek.com. Retrieved on 30 September 2011.
  3. ^ http://people.forbes.com/profile/roy-j-bostock/25781
  4. ^ Yahoo Chairman Roy Bostock Risks Losing Own Job After Ousting Carol Bartz, John Helyar and Brian Womack, Bloomberg, 8 September 2011
  5. ^ The Bostock Library Archived 18 December 2010 at WebCite

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