According to TNW, Fred Amoroso, chairman of the Yahoo board, has resigned as chairman of the board and has decided not to seek re-election at the 2013 shareholders' meeting. The company has currently appointed Maynard Webb Jr., former CEO of LiveOps, as the interim chairman.Yahoo CEO Marissa Mayer stated: As the chairman of the company, Fred has done an excellent job over the past year. At the same time, I sincerely thank him for the trust and guidance he gave me when I first took on the role as CEO of Yahoo. In my first few months at Yahoo, Fred's companionship and foresight were very significant to me.Amoroso said: I am very proud of the progress and achievements Yahoo has made over the past year. When I took on the role of chairman, I informed the board of my intention to only serve for a year. I would spend one year helping Yahoo get through this difficult and critical transition period. It was during this year that Yahoo hired an excellent CEO, brought in a great management team, reorganized the workforce, and also launched new products. With Marissa and her management team at the helm, it is also time for me to keep my promise from a year ago and step down from the board.Maynard Webb, the interim successor to Amoroso, is one of the active angel investors in Silicon Valley. He is not only a member of the Salefore.com board but also the former COO of eBay and the former CEO of LiveOps.VIA:thenextweb.com