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The latest announcement is out from Yelp (YELP).
Yelp Inc. experienced a change in its board composition as George Hu resigned from the Board and its Compensation Committee, effective March 29, 2024, with no disagreements cited regarding company operations. Dan Jedda was appointed to fill the vacancy and will serve as an independent director until the next Annual Meeting of Stockholders. He’ll receive the standard compensation for non-employee directors, including stock valued at $325,000, and will be covered by an indemnification agreement, as per company policy. No familial connections or undisclosed financial interests involving Jedda were reported.
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