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Carol Bartz resigns from Yahoo board

Discussion in 'Biashara, Uchumi na Ujasiriamali' started by Invisible, Sep 12, 2011.

  1. Invisible

    Invisible Admin Staff Member

    Sep 12, 2011
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    (Editor's note: Language in last paragraph may be offensive to some readers)

    Yahoo CEO Carol Bartz delivers a speech at the GSMA Mobile World Congress in Barcelona February 16, 2011. Picture Credit: Reuters/Gustau Nacarino/Files

    Carol Bartz, who was fired as chief executive of Yahoo Inc last week, has resigned from the company's board of directors.

    "On Sept. 9, 2011, Carol Bartz resigned from the board of directors of Yahoo! Inc., effective immediately," Charles Sipkins, a spokesperson for the board wrote in an e-mail on Sunday.

    The news was first reported on Sunday in The Wall Street Journal.

    Bartz was abruptly fired from her job as CEO on Tuesday. She had said that she planned to remain on the Internet company's board of directors, a statement that conflicted with that of a company spokesman who said Bartz would have to give up her board seat.

    After being fired, Bartz gave an inflammatory interview to Fortune magazine in which she characterized Yahoo's board as "doofuses" who "fvcked me over".

    (Reporting by Clare Baldwin; Editing by Leslie Adler)
  2. The Finest

    The Finest JF-Expert Member

    Sep 12, 2011
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    Ouch she's very bitter