Monday, March 18, 2024

Yahoo Fires CEO Carol Bartz

Datamation content and product recommendations are editorially independent. We may make money when you click on links to our partners. Learn More.

AllThingsD: Former Yahoo CEO Carol Bartz has sent an e-mail out to all employees stating, “I am very sad to tell you that I’ve just been fired over the phone by Yahoo’s Chairman of the Board.” Yahoo confirmed the news with a press release which also announced that CFO Tim Morse will take over as interim CEO. Yahoo’s stock price jumped up on the news.

Observers speculate that Yahoo may soon be up for sale after Bartz’ firing. One unnamed insider told the media, “Yahoo is open to selling itself to the right bidder.”

Subscribe to Data Insider

Learn the latest news and best practices about data science, big data analytics, artificial intelligence, data security, and more.

Similar articles

Get the Free Newsletter!

Subscribe to Data Insider for top news, trends & analysis

Latest Articles