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Yahoo Inc. Director, Edward Kozel resigned from the board, though he planned on leaving as early as February.

<p>Yahoo Inc.&rsquo;s annual meeting, scheduled for July 3rd has been pushed back until the end of July to allow more time for Yahoo to work out a deal with Microsoft.&nbsp; The meeting was scheduled for re-elections of the entire board of directors.&nbsp; Billionaire investor Carl Icahn has been purchasing Yahoo shares and using that leverage to nominate 10 candidates to replace the entire board.&nbsp; This move will hopefully reinstitute talks with Microsoft about the recently pulled bid to purchase Yahoo Inc.</p><p>Kozel had planned on staying beyond his initial resignation in February due to the acquisition proposal from Microsoft but now officially resigned &ldquo;to spend more time with his family&rdquo;.&nbsp; Before being appointed to the board in 2000, Kozel spent eleven years as the Chief Technology Officer at Cisco Systems Inc.<br />All of these moves lead to the possible purchase of Yahoo in the near future.</p> <a href="http://www.gawkwire.com/business/138.html">http://www.gawkwire.com/business/138.html</a>