Bartz resigns from Yahoo board

Yahoo CEO Carol Bartz delivers a speech at the GSMA Mobile World Congress in Barcelona February 16, 2011. REUTERS/Gustau Nacarino

Yahoo CEO Carol Bartz delivers a speech at the GSMA Mobile World Congress in Barcelona February 16, 2011.

Credit: Reuters/Gustau Nacarino

Sun Sep 11, 2011 4:30pm EDT

(Editor's note: Language in last paragraph may be offensive to some readers)

NEW YORK (Reuters) - Carol Bartz, who was fired as chief executive of Yahoo Inc last week, has resigned from the company's board of directors.

"On September 9, 2011, Carol Bartz resigned from the board of directors of Yahoo! Inc., effective immediately," Charles Sipkins, a spokesperson for the board wrote in an e-mail on Sunday.

The news was first reported on Sunday in The Wall Street Journal.

Bartz was abruptly fired from her job as CEO on Tuesday. She had said that she planned to remain on the Internet company's board of directors, a statement that conflicted with that of a company spokesman who said Bartz would have to give up her board seat.

After being fired, Bartz gave an inflammatory interview to Fortune magazine in which she characterized Yahoo's board as "doofuses" who "fucked me over".

(Reporting by Clare Baldwin; Editing by Leslie Adler)
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Comments (1)
Jeepgirl wrote:
A lot of companies have lost their sense of direction. The outlook at making immediate profits instead of steady growing future has changed in many companies. It appears all about greed. I believe the corporations that try to make immediate money to satisfy the investors will fail. The corporations that keep the experienced employees and try to expand in moderation will ultimately become the top “lasting” corporations. Life is about living with others and helping others. Our country seems to have changed and has become full of selfish bigots.

Sep 11, 2011 9:59pm EDT  --  Report as abuse
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