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Is it time for activist boards to take a hand at Microsoft, Yahoo and Cisco? Holman W. Jenkins, Jr critiques the performance of key tech CEOs. In the early 90s, the economy was emerging from recession and GM's late Bob Stempel was the first of a series of big-name CEOs overthrown by activist boards at companies that seemed unable to get in gear. "These revolts weren't seen as disconnected episodes at the time. They were hailed as evidence that boards of directors had finally begun to do their job, taking charge of companies whose drift was beginning to verge on catastrophe."