Yahoo! May Do Another Executive Shuffle Next Week

Posted Feb 21, 2009

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.