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.