Fired Yahoo CEO says company's board "f***** me over"

Fired Yahoo CEO Carol Bartz is not going down without letting people know how she really feels. In a interview with Fortune, Bartz says flat out that Yahoo's current board of directors "f***** me over". Later in the interview she said that Yahoo's board " ... was so spooked by being cast as the worst board in the country" after a proposed acquisition with Microsoft failed. With their actions this week, Bartz said, "Now they're trying to show that they're not the doofuses that they are."

Bartz was in New York City on Tuesday when she heard that Yahoo chairman Roy Bostock wanted to call her. When she finally made the call, Bostock started reading from a prepared statement telling her about Yahoo's decision to fire her. Bartz said to Bostock, "Roy, I think that's a script. Why don't you have the balls to tell me yourself?"

Bartz was brought in to run Yahoo back in January 2009. However, despite cutting costs (including mass layoffs of employees) the company has still not generated much in revenue growth. Despite the final outcome of her time at Yahoo, Bartz said, "I wish the Yahoo people the best because it's a fantastic franchise."

In related news, Business Insider reports that Daniel Loeb of Third Point LLC has announced his company has acquired 5.1 percent of Yahoo's stock and is asking for Bostock and other Yahoo board members to depart. He states, "it is evident that merely replacing the Company’s CEO – yet again – will not be enough to alter the direction of the Company.  Instead, a reconstituted Board with new Directors who will bring fresh eyes, relevant industry expertise and increased investor alignment to the table is immediately necessary."

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49 Comments

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can I **** her? anyways at this moment she is very ****ed and I dont think she needs to be ****ed anymore.
On the other hand, she was very inefficient, so thats what you get, you ****ed old woman

Simon said,
Didn't realize how sexist this community was...

And opinionated too, huh? Especially for not knowing much about ALL the facts!!

Sheesh!!

As if women ever have nice things to say after you kick them to the curb. I've never found them to go quietly into the night. Your plans didn't work, STFU.

Women in high positions like this that talk all dirty like that is kinda sexy! Marry me Carol! (or at the very least let me be your boy toy) LOL

Blast, how do I edit my post in this new format? Anyway, what I MEANT was... did she kill the awesome vista messenger?

Was she responsible for the failed Vista Yahoo Messenger? If so, I say good riddance. If not, hmm, sorry babe next time around.

Wow lots of sexism in these comments. Especially the one about women not being able to understand the tech industry.

And they still wonder why women don't generally care about the tech industry. Stalkers and losers like the people posting up there tend to make up for the vocal majority.

Well, I don't think there's any doubt as to the intelligence of Yahoo's board... It's quite clear that they cannot agree on what's needed to fix the company and as a result they just keep pulling the company in different directions. Nothing is going to improve for Yahoo with this board.

Pity she didn't stick to her initial comment and leave it at that.

It's times like these when you should refuse to comment on the matter further as emotion can jump right out. You want to say these things but in hindsight you really shouldn't.

Maybe Yang or another founder should come to forefront and do something. Whatever is happening, it's not working, step up to the plate.

Bartz said, "I wish the Yahoo people the best because it's a fantastic franchise."

Oh, how she lies!

Welcome to the world of people who have been ****ed over by some BoD Carol. A little grace and dignity go a long ways even for people like you; not that it matters though since I'm sure by the writing of this you've already signed onto some other multi-million dollar job where another BoD is going to **** you over. Sucks to be you Carol.

Soulsiphon said,
Welcome to the world of people who have been ****ed over by some BoD Carol. A little grace and dignity go a long ways even for people like you; not that it matters though since I'm sure by the writing of this you've already signed onto some other multi-million dollar job where another BoD is going to **** you over. Sucks to be you Carol.

I fail to understand the hostility in your post. Yahoo was going down hill well before she was CEO, but when the board of directors was involved... So, clearly the board of directors has more to do with hurting the company than helping in this case. It sounds more and more like the CEO's are constantly fighting with the board in order to take the steps they need to save the company...

If the board is the problem then why did Yahoo's stock jump when they announced that she got canned?

Like to see her explain that one. lol

ahhell said,
If the board is the problem then why did Yahoo's stock jump when they announced that she got canned?

Like to see her explain that one. lol

could it be because another person bought over 5% of the company which made the sell price rise?

Stewart Gilligan Griffin said,

could it be because another person bought over 5% of the company which made the sell price rise?

They did not issue more shares, number remains the same. It's not like they are virtually created when you buy them.

Davo said,
It's funny how everyone can see the truth in what she's saying.

She's trying to show herself as a victim. When the Yahoo company and it's employees were the real victim here, under Bartz and Yang.

Meena Bassem said,
simply, one more reason to hate Yahoo
Spoken like a true women, taking up for your side.

If you worked for me and you were unproductive I would fire you. How can you sit there an be on her side. She went towork every day yet idid not guide the company to any growth. When you are CEO and the board is asking for your head, its a problem. Same happened at HP.

THis has nothing to do with the fact she is a female. Male CEO's get fired too.

Amazingly, many board member at Microsoft is asking for Ballmer's head. But see, Ballm,er is still making money fr MS. Microsoft still records profits every year. Theer are people wo just dont like Ballmer. But he is doing his job and that is all that matters. When the days comes he isnt doing his job, he will get fired. Juts liek she did.

You are being foolish to side with her just because you share the same gender.

What you say is very true, but Meena didn't actually mention anything about gender, so I'm not really sure how you've come to that conclusion...

Hey TechieXP, I totally agree with you, but you did made some assumptions out of her's one small sentence, which may not be true.

Yahoo's main focus point should be search, mail and Yahoo Messenger. Mail is fine but messenger continues to be a 1999 software with purple lipstick. If they clearly fail to be competitive in these products, random firing/hiring will do no good if they don't understand these basic problems.

Ooh. She's sassy! That talk's not too ladylike, and nor is it very professional, but it probably is the truth.

Skwerl said,
Ooh. She's sassy! That talk's not too ladylike, and nor is it very professional, but it probably is the truth.

Any woman in a position as high as hers has not gotten there by being all "sugar and spice and everything nice", trust me on this

John Callaham said,

Bartz said to Bostock, "Roy, I think that's a script. Why don't you have the balls to tell me yourself?"

xD

Skwerl said,
Ooh. She's sassy! That talk's not too ladylike, and nor is it very professional, but it probably is the truth.
Why? Because she says so?

She was unproductive in 2 years. With that high of a salery and nothign to show fo rit, as she said in her own words "yahoo is trying to show everyone they arent the boofonns peple think they are." They got rid of the problem. The problem was HER!

Same thing HP did.

IMO - woemen suck at leading tech company's. How can you lead in a market you dont even understand. Facebook came out of nowhere an blind sized Yahoo. Even MySpace did for a time. Yahoo is yesterday's news. It would have been better if MS bought Yahoo out.

TechieXP said,
Why? Because she says so?

She was unproductive in 2 years. With that high of a salery and nothign to show fo rit, as she said in her own words "yahoo is trying to show everyone they arent the boofonns peple think they are." They got rid of the problem. The problem was HER!

Same thing HP did.

IMO - woemen suck at leading tech company's. How can you lead in a market you dont even understand. Facebook came out of nowhere an blind sized Yahoo. Even MySpace did for a time. Yahoo is yesterday's news. It would have been better if MS bought Yahoo out.


Its not only Bartz who was unproductive the whole board was unproductive.. so you cant totally blame her but I have to agree with you on this "women suck at leading tech company's" (IMO)

still1 said,

Its not only Bartz who was unproductive the whole board was unproductive.. so you cant totally blame her but I have to agree with you on this "women suck at leading tech company's" (IMO)

Well it's like blaming the President of a country for all it's problems, who would be stupid enough to do tha.... oh wait..

Skwerl said,
Ooh. She's sassy! That talk's not too ladylike, and nor is it very professional, but it probably is the truth.
I don't think she's worried about jobs anymore. She's 62 and probably has no expectation to be hired again. She's done with work life.

no-sweat said,

Well it's like blaming the President of a country for all it's problems, who would be stupid enough to do tha.... oh wait..


I was trying to say the same point..... I am not sure if you are really dumb or acting like one.

The Teej said,

Any woman in a position as high as hers has not gotten there by being all "sugar and spice and everything nice", trust me on this

I guess that's why they do it over the phone. (sorry Carol, it might not be true, just a guess)

still1 said,

I was trying to say the same point..... I am not sure if you are really dumb or acting like one.

I was agreeing with you by mocking people that disagree with us

no-sweat said,

I was agreeing with you by mocking people that disagree with us


Hmmm... so you are on my side... hmm... i feel stupid now....

thanks god yahoo rejected MS acquisition, because it could have been THE WORST MISTAKE Steve Ballmer could have done. Effing 30billion dollars!? I think that all the money MS have in cash right now...maybe more.

flexkeyboard said,
thanks god yahoo rejected MS acquisition, because it could have been THE WORST MISTAKE Steve Ballmer could have done. Effing 30billion dollars!? I think that all the money MS have in cash right now...maybe more.

No, it was even more than that! Around $45 bn, I think.

Sent from Carol's iPad