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. |
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... |
Press releae is being copied here
http://allthingsd.com/20110906/yahoos-statement-on-bartz-ouster/ |