Carol Bartz has been appointed CEO of Yahoo Inc. As CEO, Carol replaces Jerry Yang, who is one of the co-founder of Yahoo.
Yahoo's decision to bring in an outsider apparently irked its president, Susan Decker, who also was a candidate for the CEO job. Both Decker and Bartz are on Intel Corp.'s board of directors.
Bartz's track record indicates she will move quickly to build upon Yahoo's strengths while doing her best to shed the weaknesses.
Bartz spent nearly 17 years at Autodesk, which specializes in making design software for architects and engineers. She was the San Rafael-based company's CEO from 1992 until 2006, when she stepped aside to become executive chairman - a job that paid her a $500,000 salary.
While Bartz was CEO at Autodesk, the company's annual revenue increased from nearly $300 million to $1.5 billion.
Bartz had established her management chops in nine years at Sun Microsystems Inc., where she eventually became the No. 2 executive behind the server maker's then-CEO, Scott McNealy. She also has worked at Digital Equipment Corp. and 3M.
Yahoo also is far larger than Autodesk, with annual revenue of more than $7 billion and roughly 13,000 employees, nearly twice the size of Autodesk's work force.
Bartz also will have to coexist with Yang, who will play the role of "Chief, Yahoo" while remaining on the company's board. Those two also share a boardroom together as directors at Internet gear maker Cisco Systems Inc.
Bartz is known for a no-nonsense approach. Before graduating from the University of Wisconsin in 1971 with a degree in computer science, Bartz was a cheerleader, homecoming queen and a cocktail waitress - a job that helped pay her college tuition.
Wednesday, January 14, 2009
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- YouTube all set for Hollywood Partnership
- Microsoft releases Web Sandbox
- $1 trillion global loss from data theft
- New Lumix Digital Cameras from Panasonic
- iPhone and iPod touch dominate IGF Mobile award fi...
- Mp3 players at risk of permanent hearing loss
- Vertu to launch mobile service in Japan
- Samsung to launch new Netbooks and new Smart Phones
- Verizon launches Verizon Hub VOIP Phone
- Russia to Develop own national operating system
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- T-Mobile takes G1 Android phone to Europe
- Panasonic, Sharp and Toshiba launch gadget recycli...
- Unlimited music from Nokia to Australia and Singapore
- Watch Youtube Videos on Your Television
- RIM alliances with Redington India for BlackBerry ...
- Witnessing the End of an Internet Era
- Three more members to Satyam board
- Sony Ericsson launches PlayNow Kiosk - new mobile ...
- KPMG and Deloitte - new auditors for Satyam Comput...
- Carol Bartz appointed CEO of Yahoo Inc
- China witnesses 298 million internet users
- Wipro - Satyam - Megasoft - blacklisted by World Bank
- Deepak Parekh - Kiran Karnik - C Achuthan – First ...
- Dell Introduces Ultraslim Adamo Laptop
- Sony announces Cyber-shot DSC-G3 : An Answer to iP...
- Sony to launch lightest Notebook PC
- Satyam Scandal - Biggest Corporate Fraud of India
- Sony Electronics announces 15 new Camcorders
- Asus Unveils Eee PC T91 Netbook With Touchscreen
- Google releases Picasa for Mac software
- LG Electronics to introduce Broadband HDTV with Ne...
- Lenovo brings IdeaCentre A600 with Wii functionality
- 7mm Thick LCD TV from Samsung at Consumer Electron...
- Get ready for Bluetooth wireless Web cam
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