Yahoo CEO Carol Bartz said she felt honored to have Carl Icahn on her board of directors, but called for more diversity on corporate boards, reports the Sacramento Business Journal.
Speaking at the 15th Annual Stanford Directors College, Bartz said she felt fortunate that she wasn’t around when Icahn was leading a proxy battle aimed at forcing a deal with Microsoft. She said the board was better to have a “smart guy” like Icahn on the board.
However she said she believes boards need a diversity of ages and should be selected from different industries and positions—not just a bunch of CEOs.
Her comments came two days after Yahoo disclosed that its second quarter job cuts cost the company between $22 million and $27 million.