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."