Days after news of Yahoo! reorganizing the top tier of its management which effectively “fired” former Chief Executive Officer Carol Bartz unceremoniously, whether she liked it or not, Carol decided to live out the adage that hell hath no fury like a woman scorned, and resigned from the board in order to get a clean break from the Internet giant.
After stepping down as a director a couple of days ago in a rather unceremonious manner, Bartz did share some of her viewpoints on the situation in a Fortune magazine interview, where she verbally sniped at her fellow directors, calling them “doofuses” while claiming that they “f—ed me over.”
Bartz first stepped into the Yahoo! limelight in 2009 as CEO, but her time at the helm failed to help the ailing Internet giant to gain both users as well as advertising revenue over its main rivals, Google and Facebook. Stockholders, however, saw their Yahoo! share gain 6.7% under Bartz’s tenure, and while that is not a loss, it is still far from the 34% increase that the Standard & Poor’s 500 Index experienced. Guess Bartz’s dismissal proved to be quite the catalyst for the stock, where it rose 12% to $14.48 on the Nasdaq Stock Market.RELATED