WSJ: Yahoo to name Carol Bartz as CEO
www.chinaview.cn 2009-01-14 04:52:15   Print

Carol Bartz, newly named chief executive of Internet company Yahoo Inc, is shown in this undated publicity photo released to Reuters January 13, 2009. (Xinhua/Reuters Photo)
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    SAN FRANCISCO, Jan. 13 (Xinhua) -- Yahoo Inc, the Silicon Valley Internet giant, is expected to name Carol Bartz, former chief executive of software company Autodesk Inc, as its next CEO, the Wall Street Journal reported on Tuesday.

    Bartz, 60, has accepted Yahoo's offer, the newspaper said, citing people familiar with the situation.

    The offer caps Yahoo's two-month search for a leader to succeed Jerry Yang, its co-founder and former CEO who oversaw the company through an acquisition offer from Microsoft and activist investor Carl Icahn's failed attempt to replace the Yahoo board.

    Yang, 40, announced last November that he will step down as Yahoo's CEO as soon as a replacement is found.

    Analysts said Yang's resignation was due to growing anger among investors who thought Yang made a serious mistake by rejecting Microsoft's bid to buy out Yahoo.

    Bartz will face a number of challenges as she tries to turn around Yahoo's flagging performance and stock price, the Wall Street Journal said.

    Bartz served as chief executive of Autodesk from 1992 to 2006. Autodesk is around half the size of Yahoo, with approximately 7,000 employees worldwide.

    She was also an executive at Sun Microsystems Inc. and sits on the boards of Cisco Systems Inc. and Intel Corp.



Yahoo CEO Jerry Yang to step down

Yahoo! CEO Jerry Yang declines to speak to a reporter at the 26th annual Allen & Co conference in Sun Valley, Idaho July 10, 2008.

Yahoo! CEO Jerry Yang declines to speak to a reporter at the 26th annual Allen & Co conference in Sun Valley, Idaho July 10, 2008. (Xinhua/Reuters Photo)
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    LOS ANGELES, Nov. 17 (Xinhua) -- Yahoo CEO Jerry Yang announced Monday that he is stepping down after a turbulent year and a half of running the Internet giant.

    Yang, 40, told employees in a memo that he will continue as CEO until a replacement is found, then will go back to his old job as " Chief Yahoo." He will remain on the board.

Editor: Mu Xuequan
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