Yahoo Restructure Looming
by Taylor Flatt on February 22nd, 2009 at 2:51 pm EDT - 1,865 views
Carol Bartz, the new Chief Executive, is said to begin reconstruction of Yahoo sometime next week. From sources within Yahoo, Carol is supposedly placing a traditional structure on Yahoo much like the one she employed at Autodesk. From another prominent source,
Most expect Bartz to do a C-level style set-up, with executives like a chief operating officer, chief technology officer and also a new, more powerful chief media officer (who will also head PR), all reporting to her.
After losing many of their executives to Microsoft including Larry Heck (VP of search and advertisement sciences) and Qi Lu (VP of engineering for search and advertisement sciences), it looks like there might be a tough task ahead of Ms.Bartz.
On the other hand, Yahoo’s stock rose 0.5% last month while Google watched theirs decrease respectively. The recent changes in management has seemed to have some effect on the company in a very positive way. Hopefully Ms.Bartz can get the company back on its feet fighting once more.
Source: VNunet
Image courtesy of Reasonpad
Category: Industry News, Online
Tags: Autodesk, Carol Bartz, Google, Microsoft, Restructure, yahoo