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Yahoo names Bartz new CEO

According to CNN Money: “Yahoo Inc. announced Tuesday that it had hired veteran technology executive Carol Bartz as its new CEO.”

“Bartz ran software company Autodesk (NASDAQ:ADSK) for 14 years, most recently serving as executive chairwoman. San Rafael, Calif.-based Autodesk, with just over 7,000 employees worldwide, is about half the size of Yahoo.”

“Bartz is taking over an embattled Yahoo. In mid-November, co-founder Jerry Yang stepped down after failed attempts to improve the company’s performance.”

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