Yahoo is in shambles right now. You’ve likely already heard about the most recent SVP exits, which CEO Carol Bartz has tried to spin. Now we’ve heard another one is leaving as well — Jeff Kinder, the SVP of Media Products and Solutions. And you know what that means — time for a massive re-org at the top of Yahoo. Yes, again.
Based on what we’re hearing, this re-org will take place next Tuesday. Of course, us reporting on this means that it could possibly be moved (as has happened in the past with Yahoo deals), but as of right now that’s the plan.
Based on what we’re hearing Yahoo Chief Product Officer Blake Irving may be the big winner of this re-org, as he’s been seen as the rising star in the company. Word is that he’ll be bringing some of his old Microsoft chums in to join him in high-up positions at this new-look Yahoo.
Losing Kinder would be another big blow for Yahoo as he currently oversees: Yahoo! Front Page, Finance, Sports, News, Entertainment, Shopping, Travel, Autos, Real Estate, Local, and Small Business.
As for Bartz? She’s still in charge for now. But there is some talk of attempted coups. In fact, that may be the reason this whole re-org is necessary right now.
The dream is collapsing.
On January 13th, 2009, Carol Bartz was named CEO of Yahoo, succeeding outgoing CEO & Founder Jerry Yang, and she held this position until September 6, 2011. Prior to joining Yahoo as CEO, Carol Bartz was executive chairman of the board of Autodesk, Inc. Bartz was chairman, president and CEO of Autodesk for 14 years and stepped down in April 2006. During her tenure, the company diversified its product line and grew revenues from $285 million to $1.523 billion in...
In January of 2013 Blake Irving joined Go Daddy, the world’s largest domain name provider and web host, as Chief Executive Officer and Board Director. Under Mr. Irving’s direction, the company has sharpened its focus on helping small businesses around the world grow and thrive online—from digital presence and marketing to commerce, back-office administration and peer/community support. Prior to Go Daddy, Mr. Irving was EVP and Chief Product Officer at Yahoo!, a role in which he developed and rolled...