KEN LAMBERT/THE SEATTLE TIMES
Yahoo tapped local wireless industry mover John Chapple to fill one of two new seats on its board of directors, culminating a deal the Internet company negotiated with Carl Icahn to avoid a proxy fight. The second new board seat goes to Frank Biondi Jr., a media mogul.
Icahn himself takes a third seat, vacated by Robert Kotick.
Updated: The names were rumored in recent weeks, but Yahoo’s announcement this afternoon makes it official.
Chapple, 55, was on a flight this afternoon and could not immediately be reached for comment.
Some details on Chapple, from our archives:
He was CEO of Nextel Partners in Kirkland from 1998 to June 2006 when it was sold to Sprint Nextel for about $9 billion. Craig McCaw, who was helping to reorganize Nextel Communications in 1998, asked Chapple to to run a company that would provide services in rural and midsized markets for Nextel. The sale netted Chapple more than $50 million.
Later that year, Chapple broke his vow to retire, starting Hawkeye Investments in October 2006. The private equity firm made a $1 million investment in January in Woodinville-based Loctronix, which is working on technology to help global positioning systems to work indoors and become more accurate.
Also on Chapple’s resume:
— Past president of the Vancouver Grizzlies (NBA) and Vancouver Canucks (NHL);
— Chairman of Cellular One, a brand operated by McCaw Cellular Communications, which later became AT&T Wireless
Biondi, according to Yahoo’s news release, has been senior managing director of WaterView Advisors a media and entertainment private equity firm, since 1999. He served a stint in the late 1990s as chairman and CEO of Universal Studios and was president and CEO of Viacom before that.