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Carol Bartz resigns from Yahoo's board

Written by Andre Yoskowitz (Google+) @ 11 Sep 2011 18:11 User comments (9)

Carol Bartz resigns from Yahoo's board Less than a week after being fired, former Yahoo! CEO Carol Bartz has also resigned from her seat on the Board of Directors.
Says Yahoo! in a Sunday announcement:

On September 9, 2011, Carol Bartz resigned from the board of directors of Yahoo! Inc., effective immediately.


After being fired, Bartz went on to call the Board a bunch of "doofuses" who "fu**ed her over" when firing her over the phone with a lawyer-prepared script.

Regardless, Bartz gets a $14 million severance package and remains on the Board of other companies.

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9 user comments

111.9.2011 18:48

I'd love to get $14 mil for cussing at my board of directors

211.9.2011 18:59

Originally posted by Mysttic:
I'd love to get $14 mil for cussing at my board of directors
So true.

She has no right to complain when 1/14th of her severance pay is enough to comfortably sustain any ordinary person for the rest of his/her life.



311.9.2011 19:46

firing over the phone? very professional

411.9.2011 20:12

Nice parting shot.
14m may keep me going for a few months. ;)
Jeff

511.9.2011 23:29

Originally posted by xaznboitx:
firing over the phone? very professional
For all we know, she is the one that started a policy of firing people over the phone...except the people she fired over the phone probably didn't get severance packages...or at least they didn't get packages capable of buying a Bugatti for every day of the week.

612.9.2011 9:42

Don't forget that she was also once upon a time CEO for Adobe, so she's pretty much won the lottery twice over.

712.9.2011 9:51

Originally posted by Mysttic:
Don't forget that she was also once upon a time CEO for Adobe, so she's pretty much won the lottery twice over.
Autodesk, but yeah, she was actually worth the compensation there.

812.9.2011 9:57

Seems being canned over the phone was more of an ego killer then anything else.
Carol, take the money and run. Buy a nice island in the south pacific.

Jeff

912.9.2011 11:47

Why wasn't she at work?

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