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Carol Bartz’s tumultuous tenure as the CEO of Yahoo has come to an abrupt end according a report from All Things Digital. Bartz was named CEO of the Internet giant in January 2009 after previously serving as CEO of Autodesk.
[edited by: Sgt_Kickaxe at 1:38 am (utc) on Sep 7, 2011]
joined:Sept 20, 2000
Nobody. Nobody. Nobody is ever worth this amount of money...
yes, they are, get over that socialist idea
Whether it is a good business move or not, firing anyone over the phone is pretty harsh.
It is not a huge surprise that she has been fired, but doing it over the phone is a no-no. That is definitely something that needs to be done face to face.
Had Carol returned my call I would have told her how if she would just give Yahoo a 2010 facelift, clean out a few cobwebs, go long on local, and run some "fun" t.v. ads, your company might have a chance. But never mind, I see you're suicidal.
P.S. - if you decide not to kill yourself, give me a call -- you can find me on Facebook, Twitter, Google and WebmasterWorld
Well, four days and a $14m golden parachute later, Bartz has stepped down from the Yahoo board. I guess $14m more than compensates for any nagging feeling of commitment that she might have left the company with.
The Wall Street Journal's Amir Efrati claimed the $14m estimate in a tweet that followed a detailed 'what next' story over the weekend.