Carol Bartz- The Next CEO of Yahoo!

The slot vacated by Jerry Yange is now filled by Carol Bartz, the new CEO of Yahoo!

The news is official as Yahoo! has confirmed Carol Bartz as the new CEO, along with making an announcement that President Sue Decker will soon resign. Yahoo Board Chairman Ray Bostock is extremely enthusiastic with Carol's acceptance of the CEO post.

“We are very excited to have Carol Bartz leading Yahoo! into its next era of growth. She is the exact combination of seasoned technology executive and savvy leader that the Board was looking for, and we are thrilled to have attracted such a world-class talent to Yahoo!. She is admired in the Valley as well as on Wall Street for her deep management expertise, strong customer orientation, excellent people skills, and firm understanding of the challenges facing our industry. Carol meets all of the criteria we set for the search and is the only person to whom we offered the job.”

Every one seems to be extremely happy. Jerry is no excreption. He said, "I couldn't be more pleased with the Board's choice of Carol Bartz as CEO and look forward to returning to my former role as Chief Yahoo.”

Here is what Ms. Carol has to say on her appointment:

“Yahoo! is a powerful global brand with a great collection of assets, strong technology, and enormously talented employees. The Company has accomplished a great deal in its relatively short history and I look forward to working together to take it to the next level.”

The standards are extremely high, so is the goal! It looks like Ms. Carol certainly needs to push every limit to take the company at an altogether different level. Roy Bostock stated it in his statement,

“The Board is united in its view that her energetic and decisive leadership style, coupled with a proven track record of driving growth, operational excellence and shareholder value, is exactly what Yahoo! needs to get back on a path toward achieving its full potential.”

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