The Wall Street Journal is reporting that Carol Bartz will take over for Jerry Yang as the new Yahoo ( YHOO ) CEO. Yahoo stock is holding up today despite some weakness in the technology sector from the likes of Apple ( AAPL ). Microsft ( MSFT ) is pretty much keeping the Nasdaq in the green today.
Carol Bartz was the old Autodesk ( ADSK ) CEO and I think she is a real Gem in the industry. The key problem she may have is turning around Yahoo which is no easy task! Google ( GOOG ) is a giant and there are no signs of this giant falling any time soon. The fact is, Google just gives great search results. New websites get added fast and in Yahoo's search engine, it can take up to six months! In the new Internet age we live in, this is not acceptable. Why would we want to use Yahoo when we can't even get indexed?
Carol A. Bartz joined Autodesk in April 1992 and serves as Executive Chairman of our Board of Directors. Ms. Bartz"s present duties include enhancing relationships with Autodesk"s key customers, partners, governments and investors along with focusing on activities designed to improve the business climate for Autodesk. From April 1992 to April 2006, Ms. Bartz served as Chairman of the Board of Directors, Chief Executive Officer and President. Ms. Bartz is a director of Cisco Systems, Inc., Intel Corporation and Network Appliance, Inc.
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