Carol Bartz Out at Yahoo
Several sources said the board, specifically Chairman Roy Bostock and Co-founder and director Jerry Yang, seems to have acted today, informing Bartz of the need to make a change.
What the next steps will be are unclear, but Yahoo needs desperately to explore a range of changes to bring it back to its former glory.
Sources said Morse held a call with Yahoo’s senior staff this afternoon, telling them Bartz was out and that a search for a permanent CEO is commencing.
Why Yahoo’s board did not name a new leader immediately is curious and might indicate a larger deal around Yahoo is in the offing.