Yahoo Board Fires CEO Bartz
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Yahoo CEO Carol Bartz has had a bumpy ride in the big chair these last few years, and the ride came to an abrupt end last evening. Bartz was fired by the Yahoo board in a phone conversation. She sent out a quick email before packing up and hitting the trail.
In her email, Bartz neglected to give any details of the conversation, but knowing how she handles herself we have to assume she did not go quietly. Yahoo’s board confirmed the ouster in a press release some time later. Yahoo CFO Tim Morse has been installed as interim CEO.
Bartz came in at a time when Yahoo was reeling from a failed Microsoft acquisition and needed direction. But over the years, Yahoo has been unable to gain traction. Founder Jerry Yang was reportedly not on good terms with Bartz, which could have contributed to the move. The increasing pressure for changes from shareholders likely also precipitated the firing. Do you think Yahoo will be better off without Bartz?
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Trooper_One
September 08, 2011 at 12:09pm
They should stick to non-invasive advertising. I love my Yahoo account, have had my account for over 10 yeas. Each 'upgrade' iteration, it gets slower and buggier. I'm about to ditch for gmail but would be a pain to do the move and email updates to my other accounts.
noobstix
September 08, 2011 at 8:24am
I heard some pretty interesting stuff about when Carol Bartz leaves a company. Even though she's only worked for two major companies (from what I know of), something positive always happens. When she left Autodesk (creators of AutoCAD and related software), their stock had rose. Same thing has happened here with Yahoo. Still, it hasn't deterred me from using a Yahoo account (I've had various Yahoo email accounts ever since I used the service).
Holly Golightly
September 07, 2011 at 3:42pm
THANK GOD!!!!!!!!!!!
Yahoo will be 1,000 times better without Carol Bartz!!! I used to use Yahoo as an email service, but now I don't because they got greedy, deleted my account, then asked me to pay for their subscription service so they can "protect" my account. Who the devil do they think they are? But it is not Yahoo's fault. This CEO just got overly greedy. Yahoo will be much better without her.
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