Carol Bartz resigns from Yahoo's board

Carol Bartz resigns from Yahoo's board
Less than a week after being fired, former Yahoo! CEO Carol Bartz has also resigned from her seat on the Board of Directors.

Says Yahoo! in a Sunday announcement:



On September 9, 2011, Carol Bartz resigned from the board of directors of Yahoo! Inc., effective immediately.


After being fired, Bartz went on to call the Board a bunch of "doofuses" who "fu**ed her over" when firing her over the phone with a lawyer-prepared script.

Regardless, Bartz gets a $14 million severance package and remains on the Board of other companies.

Written by: Andre Yoskowitz @ 11 Sep 2011 18:11
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Yahoo carol bartz
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  • 9 comments
  • Mysttic

    I'd love to get $14 mil for cussing at my board of directors

    11.9.2011 18:48 #1

  • nonoitall

    Originally posted by Mysttic: I'd love to get $14 mil for cussing at my board of directors So true.

    She has no right to complain when 1/14th of her severance pay is enough to comfortably sustain any ordinary person for the rest of his/her life.


    11.9.2011 18:59 #2

  • xaznboitx

    firing over the phone? very professional

    11.9.2011 19:46 #3

  • Jeffrey_P

    Nice parting shot.
    14m may keep me going for a few months. ;)
    Jeff

    11.9.2011 20:12 #4

  • KillerBug

    Originally posted by xaznboitx: firing over the phone? very professional For all we know, she is the one that started a policy of firing people over the phone...except the people she fired over the phone probably didn't get severance packages...or at least they didn't get packages capable of buying a Bugatti for every day of the week.

    11.9.2011 23:29 #5

  • Mysttic

    Don't forget that she was also once upon a time CEO for Adobe, so she's pretty much won the lottery twice over.

    12.9.2011 09:42 #6

  • DVDBack23

    Originally posted by Mysttic: Don't forget that she was also once upon a time CEO for Adobe, so she's pretty much won the lottery twice over. Autodesk, but yeah, she was actually worth the compensation there.

    12.9.2011 09:51 #7

  • Jeffrey_P

    Seems being canned over the phone was more of an ego killer then anything else.
    Carol, take the money and run. Buy a nice island in the south pacific.

    Jeff

    12.9.2011 09:57 #8

  • SoTired

    Why wasn't she at work?

    12.9.2011 11:47 #9

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