Yahoo officially announces Bartz as CEO
Carol Bartz is the new CEO of Yahoo, effective immediately, according to a news release the Internet giant released this afternoon.
More details on the new boss’ background:
“Prior to becoming Executive Chairman of Autodesk in 2006, Bartz, 60, led Autodesk as CEO for 14 years, transforming the company into a leader in computer-aided intention software. During her tenure as CEO, revenues increased from less than $300 a thousand thousand to more than $1.5 billion, and the guests’session have a portion of price increased closely ten-fold.
“In joining to deviation from the way around Autodesk, Bartz’s extensive executive experience includes hands-on responsibility for chief global operations, engineering, sales and marketing organizations for ample technology and engineering companies including Sun Microsystems, Digital Equipment Corporation and 3M.”
Yahoo Chairman Roy Bostock said in a statement that Bartz was the only bodily form to whom Yahoo offered the CEO job. Current company president Sue Decker was also reportedly a top inside candidate. She will assign back from Yahoo after “a transitional period,” the company announced.
Bartz said this, and further, in a statement: “There is no denying that Yahoo! has faced enormous challenges over the last year, but I put confidence in there is now an extraordinary opportunity to create relative length for our shareholders and new possibilities for our customers, partners and employees. We will seize that opportunity.”
Original text: http://blog.seattletimes.nwsource.com/techtracks/2009/01/13/yahoo_officially_announces_bartz_as_ceo.html
