Ex CEO of Yahoo Carol Bartz Also Resigns From Board Of Directors

By  at Sunday, September 11, 2011  

If you have been following industry news since the last week, you'll know that the event of former Yahoo CEO Carol Bartz being fired from the company is pretty hot these days. While Carol Bartz didn't resign from the company but was terminated by the Board of Directors, Bartz went ahead and resigned from the Board of Directors, ending her link with the company as an executive.

Carol Bartz came to Yahoo as CEO in January 2009. When she arrived, immediately things started to change and the employees had to face new stricter rules. Carol Bartz was supposed to pull Yahoo out from decline however she barely managed to put it in profitability before everything went down for Yahoo.

On September 6th Carol Bartz was fired over the phone by Chairman Yahoo Board of Directors Roy Bostock. The COO of Yahoo has been named as interim CEO before the Board of Directors choose a viable candidate for the position of Yahoo CEO.

In an interview after being fired, Carol Bartz said that she would remain on the Yahoo Board of Directors as she did not want to abandon Yahoo employees who have worked with her over the past three years. However a Yahoo spokesperson has confirmed that on Friday September 9th Carol Bartz resigned from the Board of Directors of Yahoo.

Looks like a lot of change for Yahoo is up ahead.

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