The forthcoming Yahoo annual meeting will bid a farewell to Yahoo director Robert Kotick, as his resignation will take effect after the meeting later this week. Kotick is expected to stand for re-election after his resignation in order to meet the terms of a settlement with investor Carl Icahn.

Yahoo revealed some details of its agreement, filed with US securities regulators, to appoint Icahn and a couple of his nominees to avoid any confusion resulting in the expansion of its board to 11 members.

Earlier this month, the chief executive of Activision Blizzard, Kotick, revealed his decision not to run for the Yahoo line-up. The company will run a nine-member line of directors in the next meeting, scheduled for August 1. X