Yahoo! May Do Another Executive Shuffle Next Week
Yahoo! Inc. (NASDAQ:YHOO) is currently on their third CEO in two years. Her name is Carol Bartz and she has loads of experience with a CAD company, but little experience with a digital media company. Bartz may announce a major executive reorganization next week.
Kara Swisher of AllThingsD reported that Bartz sent out a memo to employees saying to “Get well-rested, because next week’s a biggie.” Yahoo! is currently under pressure for turning down a $44 billion offer from Microsoft, a failed partnership with Google, and is rumored to take some sort of action with AOL.
The reorganization is expected to revolve around the COO, CTO, and the a new chief marketing officer all report to Bartz. AllThingsD also believes that Bartz may abandon a recent restructuring that splits Yahoo! into four operating regions. One executive would oversee the U.S. and another executive would handle all international regions.This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry