Yahoo Hires New CEO, President Resigns

Yahoo has announced that they have hired Carol Bartz as their new Chief Executive Officer. Bartz replaces Jerry Yang, who in mid November announced he would step down as CEO once a successor was appointed after having served in the position for 17 months. Bartz previously spent 14 years as the CEO of Autodesk, ending in 2006. Yahoo also announced that President Sue Decker would resign from the company following a “transitional period”.

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