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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,...


Word of the Day
malpais
  • The ragged surface of a lava-flow.
'Malpais' translates from Spanish as 'bad land.'