Bartz becomes new Yahoo! CEO
Written on January 16, 2009 by Pinoy NetBooks
Filed Under: Internet, News
Carol Bartz, Autodesk’s former executive chairman, has replaced Jerry Yang as Yahoo’s chief executive.
“She is the exact combination of seasoned technology executive and savvy leader that the board was looking for, and we are thrilled to have attracted such a world-class talent to Yahoo,” Yahoo Chairman Roy Bostock said in a statement Tuesday. “The board is united in its view that her energetic and decisive leadership style, coupled with a proven track record of driving growth, operational excellence and shareholder value, is exactly what Yahoo needs to get back on a path toward achieving its full potential.”
Bartz, 60, spent 14 years as Autodesk’s CEO before becoming executive chairman in 2006. At Yahoo, Bartz’s challenges will include adapting from a successful but relatively unknown software company to a struggling media company whose Internet properties used by hundreds of millions of people.
In addition, Yahoo announced the departure of President Susan Decker.
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