Title says it all. Well, except the fact that Yahoo CEO Carol Bartz was apparently fired over the phone. Harsh. This is the note Bartz just sent out to Yahoo employees:
To all,
I am very sad to tell you that I’ve just been fired over the phone by Yahoo’s Chairman of the Board. It has been my pleasure to work with all of you and I wish you only the best going forward.
Carol
Sent from my iPad
We noted in June that Yahoo was quietly looking for a replacement for Bartz — something which Yahoo (obviously) denied, and other press ate right up. Yahoo even talked about our post at their shareholders meeting and essentially called it “bullshit”. Funny.
The moral of the story: how do you know a company is lying about something potentially damaging, even (and perhaps especially) in an official capacity? If their mouths are moving.
Crazy day. Here’s our favorite Bartz moment.
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...
Yahoo was founded in 1994 by Stanford Ph.D. students David Filo and Jerry Yang. It has since evolved into a major internet brand with search, content verticals, and other web services. Yahoo! Inc. (Yahoo!), incorporated in 1995, is a global Internet brand. To users, the Company provides owned and operated online properties and services (Yahoo! Properties, Offerings, or Owned and Operated sites). Yahoo! also extends its marketing platform and access to Internet users beyond Yahoo! Properties through its distribution network...
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