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Yahoo's Carol Bartz: 1 Year In The CEO Seat

   
3:15 pm on Jan 8, 2010 (gmt 0)

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Yahoo's Carol Bartz: 1 Year In The CEO Seat [bloomberg.com]
Carol Bartz gives herself a B-minus in her first year as chief executive officer of Yahoo! Inc., saying she could have moved faster to reorganize the company and strike a Web-search agreement with Microsoft Corp.

“It was a little tougher internally than I think I had anticipated,” Bartz, 61, said in an interview at Yahoo’s headquarters in Sunnyvale, California. “I did move fast, but this is a big job.”

Bartz, who marks her one-year anniversary as CEO next week, is striving to keep Yahoo’s 15-year-old site relevant in an era of Twitter and Facebook. Yahoo’s sales have fallen for four straight quarters, and its stock trailed the Nasdaq Composite Index in the past year. Bartz expects Yahoo’s sales and profit to grow in 2010 as it makes acquisitions and improves products.

3:18 pm on Jan 8, 2010 (gmt 0)

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Bartz expects Yahoo’s sales and profit to grow in 2010 as it makes acquisitions and improves products.

Because predicting sales to fall would be dumb. Accurate, but dumb.

 

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