Yahoo named former Autodesk chief executive Carol Bartz as its CEO on Tuesday, while current president Sue Decker, who had interviewed for the role, will leave the company. Bartz's selection comes after a two-month-long search set off by co-founder Jerry Yang in November after he agreed to step down as CEO. Bartz, 60, is known as a hard-working, straight-talking Silicon Valley exec who could help to restart Yahoo after a directionless year of collapsed deals, exec defections and a plummeting stock price. Her appointment may also restart discussions with Microsoft or Time Warner's troubled AOL unit, according to Variety. However, Bartz has no experience in advertising, which is where Yahoo makes most of its money.
Yahoo's Search Result: Bartz
Yahoo's Search Result: Bartz
Sign Up For First Take
Most Popular
- 'The Avengers': 5 Things You Need to Know If You Don't Read Comic Books
- Cannes 2012: Is 'The Paperboy' a Camp Classic, or an Appalling Mess?
- Dish and Networks Sue Each Other Over Ad-Skipping Auto Hop
- 56 Reasons to Watch TV This Summer
- 6 Breakout Stars of Summer 2012
- George Clooney and Julia Roberts Court Each Other (With a Lawsuit)
- 'American Idol' Contestant Phillip Phillips Fine After Health Scare
- Jim Parsons Comes Out as Gay
- Donna Summer Family Says Singer Died From Lung Cancer, But Was Non-Smoker
- Cannes 2012: 'Aqui y Alla' Wins Critics Week Prize
- ‘The Master’: Paul Thomas Anderson Reaches Out to Scientologist Tom Cruise (Exclusive)
- 'The Avengers': 5 Things You Need to Know If You Don't Read Comic Books
- 'The Avengers' Hammers 'Battleship' and 'The Dictator' on Way to Box-Office 3-Peat
- Sean Penn Explodes in Cannes: 'The Whole F---ing World Abandoned Haiti'
- 'SNL': Lorne Michaels and Fred Armisen on Who's Staying and Who's Leaving the Cast
- 'Underweight' Megan Fox Sparked 'Transformers' Blowup
- Robin Gibb, Bee Gees Co-Founder, Dead at 62
- Nicolas Cage Bailed Out by ... Dog the Bounty Hunter?
- Cannes 2012: Critics Don't Like 'On the Road,' but They Blame Jack Kerouac
- John Travolta Massage Suit: Former John Doe Lawyer Sues Gloria Allred
- EXCLUSIVE: Brittany Murphy 'Barely There' on Recent Movie
- TheWrap Investigates: 11 Players Have Committed Suicide
- Perez Hilton Tweets Another Full Frontal Miley Cyrus Photo
- Lindsay Lohan's Full Nude Playboy Spread Leaks Online -- Playboy 'Freaking' (Warning: NSFW)
- Arianna's $250K Bus to Jon Stewart Rally a 'Shock' at HuffPo HQ
- LaToya Scene Now Out of 'Bruno'
- Warner Bros. Shelves Mel Gibson Maccabee Movie (Exclusive)
- Perez Hilton's Upcoming Book Outselling Carrie Prejean's
- Joe Eszterhas' Letter to Mel Gibson
- Transcript of Mel Gibson Rant to Joe Eszterhas
Columns
Wrap Tweets