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Carol Bartz

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BUSINESS
January 14, 2009 | Jessica Guynn
She may not have experience running an Internet company, but new Yahoo Inc. Chief Executive Carol Bartz says her hard-driving, no-nonsense management style is just what the battered giant needs to revive itself. Yahoo ended a two-month search Tuesday by hiring Bartz, the 60-year-old former CEO of design-software maker Autodesk Inc.
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BUSINESS
March 1, 2013 | By Jessica Guynn
SAN FRANCISCO -- Yahoo has been searching for its identity for so long, it's downright Freudian. It could never decide: Was it a digital media company or a technology company? Chief Executive Marissa Mayer, the former Google executive charged with the herculean task of reviving the struggling Internet pioneer's fortunes, has made it official: Yahoo is now a technology company. QUIZ: How much do you know about Facebook? That's according to the company's annual 10-K report to the U.S. Securities and Exchange Commission.
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BUSINESS
September 9, 2011 | By David Sarno, Los Angeles Times
The drama following the ouster of Yahoo Inc. chief Carol Bartz may have racked up enough public insults, swearing and large cash prizes to qualify for a reality TV show. Two days after her over-the-phone firing by Yahoo Chairman Roy Bostock, Bartz went public with her criticisms of Bostock and his board, reportedly calling them a bunch of "doofuses" and using other terms outside the scope of a family newspaper. But Bartz, who may receive as much as $10 million in severance pay, was not the only one flinging barbs.
BUSINESS
July 17, 2012 | By Deborah Netburn
This post has been corrected. Please see note at bottom for details. Wisconsin is psyched about Yahoo's new CEO Marissa Mayer. While most of the world is reading about Marissa Mayer, former Google executive and Stanford grad, the Wisconsin press is focusing on Marissa Mayer, cheesehead. "Yahoo has tapped another Wisconsin native to lead the Internet company," a widely reprinted Associated Press report from Mayer's hometown of Wausau begins. By the second paragraph the writer notes that Mayer graduated from Wausau West High, and is the second Wisconsin woman to try to revive Yahoo.
BUSINESS
January 14, 2009 | Martin Zimmerman
A few years back, Carol Bartz said that the worst thing about her job running software maker Autodesk Inc. was "when people on the outside try to second-guess everything a CEO does." As the new chief executive of beleaguered Internet company Yahoo Inc., Bartz's patience with Monday-morning quarterbacking is likely to be tested.
BUSINESS
May 23, 2009 | TIMES WIRE SERVICES
Yahoo says it will pay its chief financial officer $1.8 million when he leaves the Internet company this summer. Sunnyvale, Calif.-based Yahoo announced its intention to replace Blake Jorgensen in February -- just six weeks after it hired Carol Bartz as its new chief executive.
BUSINESS
March 1, 2013 | By Jessica Guynn
SAN FRANCISCO -- Yahoo has been searching for its identity for so long, it's downright Freudian. It could never decide: Was it a digital media company or a technology company? Chief Executive Marissa Mayer, the former Google executive charged with the herculean task of reviving the struggling Internet pioneer's fortunes, has made it official: Yahoo is now a technology company. QUIZ: How much do you know about Facebook? That's according to the company's annual 10-K report to the U.S. Securities and Exchange Commission.
BUSINESS
April 15, 2009 | Bloomberg News
Internet giant Yahoo Inc. is planning a new round of job cuts that could affect several hundred employees, according to a person with knowledge of the matter. The reduction could be announced within a few weeks, according to the person, who declined to be identified. A spokesman for Yahoo declined to comment. The cuts would be the first under Carol Bartz, who became chief executive in January. The last round, affecting about 1,600 workers, came at the end of 2008.
BUSINESS
March 5, 2012 | By Jessica Guynn
He has only been on the job for two months, but Yahoo's new chief executive, Scott Thompson, is already preparing a bold attempt to turn around the struggling Internet company. Thompson is weighing a significant restructuring of Yahoo that could include thousands of layoffs, according to technology blog All Things D . The moves, the first major ones from the former PayPal president, could be announced as early as this month, Kara Swisher reported, citing anonymous sources.
BUSINESS
November 1, 2011 | Bloomberg News
Yahoo Inc. agreed to buy Interclick Inc. for $270 million in cash to help advertisers reach online users with more targeted messages. Yahoo, which has been exploring its strategic options, may use the purchase to revive sales of display advertising, such as banner ads, which stalled last quarter. The deal comes as Yahoo is seeking a chief executive after it fired Carol Bartz in September. The Sunnyvale, Calif., company also has embarked on a strategy review as it grapples with competition from Google Inc. and Facebook Inc. Yahoo is leaning toward selling Asian assets and redistributing the proceeds to shareholders, rather than selling itself to a group of buyers, people familiar with the situation said.
ENTERTAINMENT
July 5, 2012 | By Dawn C. Chmielewski
Hulu Chief Executive Jason Kilar is on the short list of candidates to take over as head of struggling Internet giant Yahoo. Kilar is among the leading contenders for the chief executive's post, along with Yahoo's interim CEO, Ross Levinsohn, according to a person familiar with the matter who requested anonymity because he is not authorized to speak publicly about the matter. Yahoo's board has yet to be presented with a list of finalists, according to another person close to the situation who asked not to be named because of the confidentiality of the search process.
BUSINESS
April 4, 2012 | By Jessica Guynn
Yahoo Inc.'s decision to slash 14% of its workers is the biggest restructuring in the company's history, an analyst said. About 2,000 workers will be laid off, the Sunnyvale, Calif., company said Wednesday. It expects to record a pretax expense of $125 million to $145 million, most of which will come in the second quarter. "It may be the only way CEO [Scott] Thompson can effectively focus on the next generation of Yahoo," Think Equity analyst Ronald Josey said in an research note.
BUSINESS
March 6, 2012 | By Jessica Guynn, Los Angeles Times
He has only been on the job for two months, but Yahoo's new chief executive, Scott Thompson, is already preparing a bold plan to turn around the struggling Internet company. Thompson is weighing a significant restructuring of Yahoo that could include thousands of layoffs, according to technology blog All Things D. The moves, the first major ones from the former PayPal president, could be announced as early as this month, Kara Swisher reported, citing anonymous sources. Yahoo recently hired the Boston Consulting Group to focus on the cuts to its products group.
BUSINESS
February 7, 2012 | By Nathan Olivarez-Giles
Yahoo will forge its future without Chairman Roy Bostock and three other board members, the struggling Internet company said. Bostock announced the departures Tuesday in a letter to shareholders, describing the moves as part of Yahoo's turnaround efforts. "The board has concluded that in order to accelerate the Company's transformation, the combination of a new Chief Executive Officer with an enhanced team of independent directors would provide Yahoo with the expertise and perspectives necessary to drive innovation and growth going forward," Bostock said in the letter.
BUSINESS
January 18, 2012 | By Jessica Guynn, Los Angeles Times
Ending an era for one of the Internet's pioneers, Yahoo co-founder Jerry Yang has stepped down from the struggling company's board. He also relinquished posts on the boards of Yahoo Japan Corp. and Alibaba Group Holding Ltd., according to a statement from the Sunnyvale, Calif., company. His surprise departure came two weeks after Yahoo hired a new chief executive, Scott Thompson, the former president of EBay Inc.'s PayPal unit. Thompson is charged with helping Yahoo catch up to Google and Facebook, which have outpaced Yahoo in the fight for Web traffic and ad dollars.
BUSINESS
January 5, 2012 | By Jessica Guynn, Los Angeles Times
For years, Yahoo Inc. has been stuck with the kind of cosmic curse that is all too painfully familiar to Scott Thompson, a die-hard Boston Red Sox fan. Thompson, former head of PayPal, has stepped to the plate to become Yahoo's fourth chief executive in less than five years. The Boston native said he's bringing an underdog spirit to the tall task of reigniting innovation and growth at the onetime Internet powerhouse that faces rising competition for advertising dollars from rivals Google Inc. and Facebook.
BUSINESS
November 3, 2011 | By Jessica Guynn, Los Angeles Times
Yahoo Inc., looking to compete with Google Inc. and Facebook Inc. for eyeballs and advertising dollars, offered a sneak peek of upcoming products at its annual runway event. The struggling Internet giant is pressing forward even as it faces an uncertain future. In a prolonged financial funk, Yahoo fired its beleaguered chief executive, Carol Bartz, in September. Yet its products are still some of the most popular on the Web. And despite all the upheaval, Yahoo is following a product plan it laid out a year ago that emphasizes the growing popularity of tablets and other mobile devices to consume digital content.
BUSINESS
November 3, 2011 | By Jessica Guynn, Los Angeles Times
Yahoo Inc., looking to compete with Google Inc. and Facebook Inc. for eyeballs and advertising dollars, offered a sneak peek of upcoming products at its annual runway event. The struggling Internet giant is pressing forward even as it faces an uncertain future. In a prolonged financial funk, Yahoo fired its beleaguered chief executive, Carol Bartz, in September. Yet its products are still some of the most popular on the Web. And despite all the upheaval, Yahoo is following a product plan it laid out a year ago that emphasizes the growing popularity of tablets and other mobile devices to consume digital content.
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