New Leader At Yahoo!

Yahoo Inc. has named Carol Bartz as its new chief executive officer. I was reading that she is known as being a very strong leader. And she’s a veteran in the technology world. Yahoo had stole her away from software maker Autodesk Inc. As you should know by now she will be taking over for co-founder Jerry Yang, which will still be in the back group of Yahoo Inc. When Yahoo announced her has the new CEO Yahoo shares dropped a little but recovered in after hour trading. I think she’s what Yahoo needs to move them forward. I don’t think Yahoo will ever be what they once where, but they could get close to that status again. I guess how all this will play out is anyone’s guess.

Tags: Carol Bartz, Yahoo Inc

Now Hiring!

You read the title correctly, now hiring. Not me, but Yahoo Inc. is looking for a new chief executive. That’s because co-founder Jerry Yang is stepping down as chief executive. And there are a lot of happy investors out there today. The reason for them being this happy is because Yang blew his chance to sell Yahoo to Microsoft Corp. for $47.5 billion. At that price it would have been a gift to Yahoo investors. But I can also see Yang’s point of feeling Yahoo was worth way more than that. Yahoo very will could be worth more than what it’s trading at right now. The way the economy is dragging stock prices down who really knows. Anyway, this could be a good move for Yang and investors. Yang won’t be going far though; he’s taking on his old job of being Chief Yahoo. To me this sounds like a made up job to keep him close by. After all he still owns a huge part of Yahoo and will always have a lot of pull within the company.

Tags: Jerry Yang, Yahoo Inc