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Yahoo Fires CEO Bartz By Phone
2011-09-07 08:55:35

Carol Bartz, Yahoo CEO, was released from her duties by Yahoo’s chairman of the board yesterday after 2-and-a-half years of lackluster leadership. Yahoo announced that Chief Financial Officer Tim Morse has been named interim CEO. The news was first reported by AllThingsD. Yahoo Chairman Roy Bostock, also a target of shareholder frustration, informed Bartz about the move over the phone. Bartz responded publicly with an email sent from her iPad to employees and obtained by Reuters, “I am...