Yahoo’s new CEO is Carol Bartz
The quest for the new Yahoo CEO is finally end. Carol Barts, a former CEO of Autodesk was finally choosen as the new Yahoo CEO affective immediately.
Stand right in front of Carol is the once mighty internet giant who has lost it’s shine. In recent years, Yahoo which still maintain the postion as the world’s most visited website, has failed miserably on its attempt to monetize their online asset.
Its share of internet advertising, declining quarter to quarter thanks to the Project Panama failure and the emergence of Google’s Adsense & Adwork program and the acquisition of Doubleclick.
Most importantly, she face a daunting task to retain its most prized asset, the talented employees from moving out of the in-trouble company to Yahoo chief competitors such as Microsoft & Google.
Expecting massive reorganisation and restructuring soon once she take the helm. Let see if Carol can bring Yahoo back to its good old days.
As soon as the leader appears like Carol , one can expect that the business will gain its position back .
Good luck to Yahoo. Competition is good and I like there to be more than one dominant search engine. AND, Yahoo needs to make money in order to stay competitive. Maybe with their new CEO we will hear people say, just “yahoo” it in order to do an internet search.