Yahoo! has announced that Carol Bartz has joined the Internet giant's board of directors and has been named Chief Executive Officer with immediate effect.
This signals the end of Jerry Yang's 18-month tenure as CEO and he will return to his former role as Chief Yahoo. He said he "couldn't be more pleased with the board's choice" in a company statement.
Bartz, 60, was most recently Executive Chairman of Autodesk and, prior to that, she was CEO of the company for 14 years.
Yahoo appoints Carol Bartz as new CEO
Posted on Thursday, January 15 2009 @ 20:23 CET by Thomas De Maesschalck