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Embattled Yahoo CEO Leaves With $7 Million After 5 Months

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Yahoo has their fifth CEO in as many years, as Scott Thompson stepped down in the scandal over his padded resume. Investor hedge fund Loeb will exert greater control with three board seats, while Ross Levinsohn takes the interim CEO post. Yahoo has their fifth CEO in as many years, as Scott Thompson stepped down in the scandal over his padded resume. Investor hedge fund Loeb will exert greater control with three board seats, while Ross Levinsohn takes the interim CEO post. 0 Comments

So Long, Doofuses! Bartz Gone From Yahoo Board

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Carol Bartz, who was fired by Yahoo over the phone last week, resigned from Yahoo’s board of directors Friday. She is due to receive a $10 million severance package, but an interview may have violated a non-disparagement clause in her contract. Carol Bartz, who was fired by Yahoo over the phone last week, resigned from Yahoo’s board of directors Friday. She is due to receive a $10 million severance package, but an interview may have violated a non-disparagement clause in her contract. 0 Comments

Yahoo CEO Carol Bartz Fired By Phone

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Yahoo Chairman of the Board Roy Bostock fired CEO Carol Bartz over the phone today. The struggling company named CFO Tim Morse interim CEO. Yahoo has formed an "Executive Leadership Council" to support Morse until a full-time CEO is appointed. Yahoo Chairman of the Board Roy Bostock fired CEO Carol Bartz over the phone today. The struggling company named CFO Tim Morse interim CEO. Yahoo has formed an "Executive Leadership Council" to support Morse until a full-time CEO is appointed. 0 Comments