Yahoo CEO confirms being fired (sent from her iPad)

Carol Bartz is out and CFO Tim Morse has been named interim CEO. No details on what exactly happened, but there have been numerous reports of friction at the top. Here's how Bartz put the word out (via TechCrunch):

To all,

I am very sad to tell you that I've just been fired over the phone by Yahoo's Chairman of the Board. It has been my pleasure to work with all of you and I wish you only the best going forward.

Carol

Sent from my iPad

Was she not at her computer? Were her system privileges revoked? Sounds nasty, whatever it was. From Kara Swisher at All Things Digital:

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. As I wrote earlier today, when the company announced on January 13, 2009, that it had hired longtime Silicon Valley tech veteran -- who was well-regarded for her tenure at running Autodesk -- to replace outgoing CEO and co-founder Yang and turn around the company, there was much hope. At the time, she presented a take-no-prisoners image and was touted as someone with a reputation as a professional manager who could clean up the place. Not so, as it has turned out. While Bartz has streamlined certain areas and made some strong management hires, her performance has been decidedly bumpy and mostly downhill.

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Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
 
Mark Lacter, business writer and editor was 59
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