07/09/2011 15:14
Carol Bartz fired as Yahoo chief executive
Yahoo has fired its chief executive officer Carol Bartz and named the company’s chief financial officer Tim Morse as interim CEO.
“I am very sad to tell you that I’ve just been fired over the phone by Yahoo’s chairman of the board,” Bartz said in an email reportedly sent to Yahoo employees. “It has been my pleasure to work with all of you and I wish you only the best going forward.”
Bartz was criticized for mishandling relationships with important partners in Asia and allowing high turnover in Yahoo’s executive ranks.