Yahoo to Name Bartz as CEO
Yahoo Inc. is expected to announce that Carol Bartz, former chief executive of software company Autodesk Inc., has accepted an offer to become the Internet company’s next CEO, according to people familiar with the situation.
A spokesman for Yahoo, Sunnyvale, Calif., declined to comment. Ms. Bartz could not be reached for immediate comment
Ms. Bartz, will face a number of challenges as she tries to turn around Yahoo’s flagging performance and stock price. Some investors have been lobbying for a break-up of the Internet giant, for instance. Yahoo faces tough competition from Internet rivals such as Google Inc.
Source: Yahoo to Name Bartz as CEO - WSJ.com
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