Billionaire investor Carl Icahn cut his stake in Yahoo, but added shares in biotechnology company Genzyme. Icahn’s stake stood at 12 million shares as of December 31, 2009, compared to 62.9 million shares at the end of September, reports Reuters. Icahn has had a contentious history with the search firm after Yahoo rejected Microsoft’s $47.5 billion offer in 2009. Icahn resigned from Yahoo’s board in October 2009, after Yahoo signed a 10-year deal with Microsoft in which Yahoo will use Microsoft’s back-end search technology on its web portal.
Linda Alvarado, a longtime member of Qwest’s board of directors, has stepped down. The move leaves the board with just one director who served during the era of former Qwest chief executive Joe Nacchio—Peter Hellman.
Kelyniam Global, an advanced Engineering and Rapid Prototyping Company specializing in the use of CADCAM technology, announced that Dana McMurchy will be joining the company’s board. McMurchy is owner and president of Mobile Diagnostic Services, based in Tulsa, Oklahoma.
Camber Corporation, a provider of cyber security, engineering services and technical solutions has elected Sidney E. Fuchs, president and CEO of OAO Technology Solutions to its board. Fuchs has been the president and CEO of OAOT since 2007 and in January 2010, led the sale of OAOT to Platinum Equity.