It seems Carol Bartz had a change of heart after being fired from her position as CEO of Yahoo, stepping down from the company’s board of directors even after she said she wouldn’t leave the board, according to media reports. A change of heart – or perhaps not enough allies on the board approving that she stay on.
Last week, Bartz was abruptly ousted from the chief executive post – a position she held for less than three years. As TMC’s Rich Tehrani opined in his communications blog, Yahoo shouldn’t have hired Bartz in the first place, given her lack of Web media experience.
“But even worse than the hiring of Bartz was the firing – she was let go on the phone which is understandable as she was traveling and the company didn’t want to deal with leaks. But what is unfathomable is that there is no replacement,” Tehrani wrote.
In an interview with Fortune late last week, Bartz has made it clear she intended to stay on the company's board. “In the interview, she called its members “doofuses” and said they “f***ed me over,” Mashable reported.
Perhaps Bartz put more thought into the fact that Yahoo Chairman Roy Bostock reportedly fired her, reading off a script over the phone.
“During the [Fortune] interview, she recalls how Yahoo Chairman Roy Bostock read from a script when he fired her over the phone,” Mashable said.
However, ultimately it wasn’t Bartz’s call, but rather the board’s decision as to whether she could remain part of the company’s board of directors.
“That’s up to the shareholders. She certainly isn’t likely to find many allies on Yahoo’s board of directors,” reported Mashable.
Now that Bartz is out, CFO Tim Morse is acting CEO and a management team of vice presidents and the executive counsel are helping to run things at Yahoo.
According to multiple reports, Bartz's last day on the board was Friday.
Want to learn more about the latest in communications and technology? Then be sure to attend ITEXPO West 2011, taking place Sept. 13-15, 2011, in Austin, Texas. ITEXPO offers an educational program to help corporate decision makers select the right IP-based voice, video, fax and unified communications solutions to improve their operations. It's also where service providers learn how to profitably roll out the services their subscribers are clamoring for – and where resellers can learn about new growth opportunities. To register, click here.
Stay in touch with everything happening at ITEXPO… follow us on Twitter
Executive Editor, Strategic Initiatives
The retail value chain is in for a blockchain-enabled overhaul, with smarter relationships, delivering enhanced transparency across an environment of …
With GDPR on the horizon, Zuckerberg in Congress testifying and Facebook users questioning loyalty, change is coming. What that change will look like,…
Organizations amass profuse amounts of data these days, ranging from website traffic metrics to online customer surveys. Collectively, AI, IoT and eve…
Hollywood has programmed society into believing satellite imaging as a magic, all-seeing tool, but the real trick is in analysis. Numerous firms are f…
The fact is that everyone is putting a special spin upon blockchain this minute. Given that, it's no surprise a number of companies are discussing dis…