Monday, September 12, 2011

Has fired Yahoo CEO cost herself $10 Million?

Quoting The Daily Mail:
“Fired former Yahoo CEO Carol Bartz could lose $10 million for violating a non-disparagement clause when she raged that the company's board members 'f***ed me over.'

Miss Bartz, in an interview with Fortune after her Tuesday firing by phone, also said the board was 'trying to show that they're not the doofuses that they are.'

However, according to Fortune, her contract with Yahoo contained a clause barring her from criticizing the internet company.”
Click the image & read the rest:
Click the image & read the rest

If the woman is so so ill-disciplined that she would (very likely) cost herself $10 million for the sake of a little emotional satisfaction, what does that say about her capacity to lead anybody or anything?

Ms. Bartz has a history of indulging in this sort of obscene emotional outburst.

Sounds to me like she should have never been hired in the first place. So, maybe the board really is full of “doofuses”. But, is there any question that Carol is the far bigger “doofus”? You decide.

For my part, I won’t be buying stock in Yahoo anytime soon.

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