Yahoo CEO Marissa Mayer tried to hit all the upbeat notes during an annual shareholders meeting as the company considers selling its slumping internet operations.
The 45-minute gathering Thursday was a routine affair that provided no insight into whether Yahoo's board is leaning toward a sale after four months of wrangling, or will entrust the beleaguered Mayer to engineer a long-promised turnaround.
Mayer told the small turnout of shareholders that Yahoo "is making great progress on our process" without specifying when a decision might be made. Most analysts expect Yahoo to make a choice this summer.
If Yahoo sells, Mayer will probably lose her job after four years as CEO and walk away with a $55 million severance package. Activist shareholder Starboard Value had threatened to lead a mutiny aimed at ousting Mayer until Yahoo agreed two months ago to give the fund four seats on its 11-member board.
Mayer, 41, defended her More