Carol Bartz surrenders spot on Yahoo board

Business

“I want to make sure that the employees don’t believe that I’ve abandoned them. I would never abandon them.” Those are the words of former Yahoo chief executive officer Carol Bartz who was fired from the firm over the phone last week but who said she would remain on the company’s board. Bartz no longer has a position on the board as of Monday, however, and it is possible that is a result of a recent interview with Fortune during which Bartz said Yahoo “f***ed me over” and called the rest of the company’s board “doofuses.” “On September 9, 2011, Carol Bartz resigned from the board of directors of Yahoo! Inc., effective immediately,” Charles Sipkins, a spokesperson for the board said in an email obtained by Reuters on Sunday. Bartz’s words could have cost her $10 million, according to Fortune which noted the exec had a non-disparagement clause in her contract with Yahoo.

Read [Reuters] Read [Fortune]

8 Comments
  • IPwn

    She just made herself sound like the doofus. Wow.

  • Anonymous

    Good thing she ain’t the CEO or a CEO…

  • http://MobileGenius.wordpress.com JM

    That’s what she decided to say about it? This doesn’t sound like someone who I would expect to serve as CEO, or even a lower level executive position, and it is probably good that she is not now.

  • Anonymous

    testing testing oh wonderful Boy Gayness Report is now moderating comments. Hmmm testing cu*t and bit*c……OK finally I think I got a work around figured out.

    I’m glad the dirty bit*c is gone. At least the Yahoo employees won’t have to worry about being laid off just before Xmas anymore. Nothing more left to say except seeya you dirty incompetent cu*t karma is such a bit*h isn’t it.

    • On the other hand

      She speaks well of you!!

  • Yakir

    Roy Bostock is the one to blame here by the way he fired Carol.  He can’t look you in the eye.  She should have been shown the respect of a sit down and an eye to eye.  Roy doesn’t have the guts to do that.  I know, he did that to me and my company

  • http://profiles.google.com/frank.malloy Frank Malloy

    Never abandon your employees? What about the ones you laid off?

    • Hmmm

       Correction ….never abandon your employees till your $10m payoff is in the bank.

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