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Yahoo! CEO has been fired today

Juha-Matti Laurio [PersonRank 10]

Wednesday, September 7, 2011
12 years ago15,911 views

See
http://allthingsd.com/20110906/exclusive-carol-bartz-out-at-yahoo-cfo-interim-ceo/

Juha-Matti Laurio [PersonRank 10]

12 years ago #

From *Yahoo News*:
http://news.yahoo.com/twitter-index-yahoo-ceo-carol-bartz-fired-pj-095048066.html

Roger Browne [PersonRank 10]

12 years ago #

Last October, Yahoo CEO Carol Bartz was named "most overpaid executive" by analyst firm Glass-Lewis:
http://www.tomsguide.com/us/Carol-Bartz-Glass-Lewis-Most-Overpaid-Executives,news-8289.html

But seriously, she never had the right mindset to have a chance to succeed at Yahoo. She was in the same league at Yahoo as John Sculley was at Apple.

Yahoo's Board now wants to sell the company.

Juha-Matti Laurio [PersonRank 10]

12 years ago #

From AllThingsD article:

<<...
According to sources at the company, Yahoo’s Carol Bartz is no longer CEO of Yahoo. CFO Tim Morse has been named interim CEO.

The situation around what is clearly an ouster is uncertain, but Bartz has had a very rocky tenure in her 32 months at the company.

[UPDATE: Yahoo confirmed the departure of Bartz in <a press release>** outlining a reorganization.]
...>>

**press release link coming...

Juha-Matti Laurio [PersonRank 10]

12 years ago #

Press releae is being copied here

http://allthingsd.com/20110906/yahoos-statement-on-bartz-ouster/

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