Yahoo CEO Marissa Mayer did not give a good answer to investors who want her fired
Although she disputed rumors that Yahoo is dragging its feet on the sales process, calling them "external noise," Mayer declined to go into more detail during the earnings call.
"In order to protect the integrity of the process we are not going to comment further on things like timing and or particular offers," Mayer said.
But Starboard Value CEO Jeffrey Smith said that integrity is exactly why the firm is running a proxy contest to replace the entire Yahoo board, including Mayer.
During a CNBC interview Tuesday, David Faber asked Mayer, "Do you question Yahoo's integrity?
Smith replied, "Just because they're going through a sales process right now doesn't mean they're necessarily going to follow through with the process, or get a good result in that process. And it's our job as owners to represent the best interest of the other owners of the company and to try and help," Smith answered.