socialmedian: It's Official: Carol Bartz Is New Yahoo CEO; Sue Decker Is Out

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It's Official: Carol Bartz Is New Yahoo CEO; Sue Decker Is Out

Source: paidContent.org

Jan 13, 2009

Summary

Carol Bartz is in as Yahoo (NSDQ: YHOO) CEO effective immediately—and Sue Decker is leaving as president after being passed over for the job. Bartz comes to Yahoo from Autodesk, where she has been executive chairman since stepping down as CEO in 2006 after 14 years. Bartz is already on board, holding management meetings this afternoon; in fact, she's already listed on the management team page.

Bartz and Roy Bostock, chairman of the Yahoo board, have just started a conference call. He's reiterated her reputation for a "decisive style" multiple times and stressed that she is "the only person to whom we've offered this job." Decker gets a thank you for all her work and for agreeing to help with a transition. Bartz picked up the verbal baton with a "yahoo."

Bartz; I believe there is now an extraordinary opportunity going forward to create value for our shareholders. ... Should we do a search deal? Should we divest of certain assets? ... It would be very presumptuous of me to discuss them publicly my first day on the job." Describing herself as a straight shooter,

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