07 Sep '11, 1pm

Yahoo CEO Carol Bartz Gets Longer Than Expected Labor Day Weekend

Yahoo CEO Carol Bartz Gets Longer Than Expected Labor Day Weekend

Carol Bartz, who still had over one year left on her contract with Yahoo, was fired via a telephone call on Tuesday. She was hired in January of 2009 to grow Yahoo’s revenues, manage Yahoo’s valuable Asian assets, and combat Google’s takeover of Yahoo’s market share. Since accepting the position of Yahoo CEO, Bartz has been faced with continual challenges and controversy. During Carol Bartz’s time as CEO, Yahoo has continued to lose market share to Google and Facebook. In addition, Yahoo has not been able to produce acceptable advertising revenues for stakeholders. Although the lack of advertising revenues and continued loss of market share to competitors are unacceptable, the major reason for her dismissal is most likely the manner in which Bartz managed Yahoo’s stake in Alibaba Group. In 2005, Yahoo purchased a 43% stake in the China-based Alibaba Group for $1 Billion. E...

Full article: http://www.searchenginejournal.com/yahoo-ceo-carol-bartz-...

Tweets

Yahoo! \\"gets new CEO\\"

Yahoo! \\"gets new CEO\\"

channelnewsasia.com 07 Sep '11, 12am

SAN FRANCISCO: Yahoo! fired chief executive Carol Bartz on Tuesday, less than three years after she was brought in to help...

Yahoo CEO Carol Bartz Fired By Phone

Yahoo CEO Carol Bartz Fired By Phone

searchenginewatch.com 07 Sep '11, 1am

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searchengineland.com 07 Sep '11, 2pm

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#Domain #Name #News Yahoo! Up For Sale?

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Green Labor Day Jobs News via @greentechmedia

Green Labor Day Jobs News via @greentechmedia

greentechmedia.com 05 Sep '11, 4am

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