24/7 Wall St.
01-13-2009, 06:50 PM
24/7 Wall St. Daily News
http://www.247wallst.com/images/2009/01/13/yahoo_logo.gif (http://247wallstreet.typepad.com/.shared/image.html?/photos/uncategorized/2009/01/13/yahoo_logo.gif) Yahoo! Inc. (NASDAQ: YHOO) has now confirmed reports that former-head of Autodesk (NASDAQ: ADSK) Carol Bartz will take the top position as CEO of the troubled search and online media company. But this is also coming with a twist as she was not the only one who was being considered for the job.
Carol Bartz has a reputation of looking for solutions around issues rather than getting caught up with the barriers. She turned around Autodesk and has hands-on experience at companies including Sun Microsystems, Digital Equipment Corporation and 3M. Carol Bartz has been the Lead Independent Director of Cisco Systems since 2005 and a director since 1996, and she currently serves on the Board of Directors of Intel Corporation (NASDAQ: INTC) and NetApp, Inc. (NASDAQ: NTAP).
But here is the twist. President Sue Decker has informed the company that she will resign after a transitional period. She has been passed over before to lead the company, so this is really not a surprise that she is leaving. There was too much controversy on whether she had to be a "yes person" under Yang on the botched acquisition by Microsoft or not. Some will be glad that Decker is out, and some will not.
Bartz is likely a good choice here. She is an operator and orchestrator alike. She also is unlikely to just accept the doldrums which have become the norm here. Posting real growth will be difficult in this current economy, so Wall Street is going to have to likely create a different yard stick to measure her performance by.
Jon C. Ogg
January 13, 2009
http://feeds.feedburner.com/~f/typepad/RyNm?i=Rh9YCu.P (http://feeds.feedburner.com/~f/typepad/RyNm?a=Rh9YCu.P) http://feeds.feedburner.com/~f/typepad/RyNm?i=Xr5wdb.P (http://feeds.feedburner.com/~f/typepad/RyNm?a=Xr5wdb.P) http://feeds.feedburner.com/~f/typepad/RyNm?i=IHIeVy.p (http://feeds.feedburner.com/~f/typepad/RyNm?a=IHIeVy.p)
complete story here... (http://www.247wallst.com/2009/01/yahoo-confirms.html)
http://www.247wallst.com/images/2009/01/13/yahoo_logo.gif (http://247wallstreet.typepad.com/.shared/image.html?/photos/uncategorized/2009/01/13/yahoo_logo.gif) Yahoo! Inc. (NASDAQ: YHOO) has now confirmed reports that former-head of Autodesk (NASDAQ: ADSK) Carol Bartz will take the top position as CEO of the troubled search and online media company. But this is also coming with a twist as she was not the only one who was being considered for the job.
Carol Bartz has a reputation of looking for solutions around issues rather than getting caught up with the barriers. She turned around Autodesk and has hands-on experience at companies including Sun Microsystems, Digital Equipment Corporation and 3M. Carol Bartz has been the Lead Independent Director of Cisco Systems since 2005 and a director since 1996, and she currently serves on the Board of Directors of Intel Corporation (NASDAQ: INTC) and NetApp, Inc. (NASDAQ: NTAP).
But here is the twist. President Sue Decker has informed the company that she will resign after a transitional period. She has been passed over before to lead the company, so this is really not a surprise that she is leaving. There was too much controversy on whether she had to be a "yes person" under Yang on the botched acquisition by Microsoft or not. Some will be glad that Decker is out, and some will not.
Bartz is likely a good choice here. She is an operator and orchestrator alike. She also is unlikely to just accept the doldrums which have become the norm here. Posting real growth will be difficult in this current economy, so Wall Street is going to have to likely create a different yard stick to measure her performance by.
Jon C. Ogg
January 13, 2009
http://feeds.feedburner.com/~f/typepad/RyNm?i=Rh9YCu.P (http://feeds.feedburner.com/~f/typepad/RyNm?a=Rh9YCu.P) http://feeds.feedburner.com/~f/typepad/RyNm?i=Xr5wdb.P (http://feeds.feedburner.com/~f/typepad/RyNm?a=Xr5wdb.P) http://feeds.feedburner.com/~f/typepad/RyNm?i=IHIeVy.p (http://feeds.feedburner.com/~f/typepad/RyNm?a=IHIeVy.p)
complete story here... (http://www.247wallst.com/2009/01/yahoo-confirms.html)