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Carol Bartz Exclusive: Yahoo "F---ed Me Over"
CNN Money ^ | September 07, 2011 | Patricia Sellers

Posted on 09/08/2011 10:26:12 PM PDT by Steelfish

Carol Bartz Exclusive: Yahoo "F---ed Me Over"

By Patricia Sellers September 8, 2011:

FORTUNE -- Here is what Carol Bartz thinks of the Yahoo (YHOO) board that fired her: "These people f---ed me over," she says, in her first interview since her dismissal from the CEO role late Tuesday.

Last evening, barely 24 hours after Yahoo chairman Roy Bostock called Bartz on her cell phone to tell her the news, she called from her Silicon Valley home ("There are reporters at the gate… a lot of them.") to tell Fortune, exclusively, how the ax came down.

On Tuesday, Bartz was in New York, to speak at Citigroup's (C) technology conference the next day, when she was supposed to call Bostock at 6 p.m. "I called him at 6:06," she recalls. When he got on the line, she says, he started reading a lawyer's prepared statement to dismiss her. "I said, 'Roy, I think that's a script,'" adding, "'Why don't you have the balls to tell me yourself?'"

When Bostock finished reading, Bartz didn't argue—"I got it. I got it," she told the Yahoo chairman. "I thought you were classier," she added. Recruited in January 2009 after successfully building Autodesk (ADSK), Bartz never was the turnaround chief that the Yahoo board had wanted.

Though she slashed costs and improved profit margins, she failed to improve revenue growth at a critical time when Yahoo has lost eyeballs and ad dollars to Google (GOOG) and Facebook. "They want revenue growth," says Bartz about the Yahoo board, "even though they were told that we would not have revenue growth until 2012."

(Excerpt) Read more at postcards.blogs.fortune.cnn.com ...


TOPICS: Business/Economy; News/Current Events
KEYWORDS: carolbartz; yahoo

1 posted on 09/08/2011 10:26:14 PM PDT by Steelfish
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Comment #2 Removed by Moderator

To: Steelfish

If she hadn’t screwed up Yahoo Calendar, I might still be using it. But since I started looking at Google Calendar, I’ve become a convert. Bye-bye, Yahoo!


3 posted on 09/08/2011 10:33:05 PM PDT by SmithL (Soon to be a former California resident)
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To: Steelfish

Bartz’ Autodesk wasn’t a success either, they had to do a lot of damage control after she left in 2009.


4 posted on 09/08/2011 10:35:35 PM PDT by Spktyr (Overwhelmingly superior firepower and the willingness to use it is the only proven peace solution.)
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To: Steelfish
Here is what Carol Bartz thinks of the Yahoo board that fired her: "These people f---ed me over," she says, in her first interview since her dismissal from the CEO role late Tuesday. When he got on the line, she says, he started reading a lawyer's prepared statement to dismiss her. "I said, 'Roy, I think that's a script,'" adding, "'Why don't you have the balls to tell me yourself?'" When Bostock finished reading, Bartz didn't argue—"I got it. I got it," she told the Yahoo chairman. "I thought you were classier," she added.

Typical Slicon Valley Hillaryite, fouling the nest and then spewing hateful slander to those who stood up to her. She's just pissed that the Chairman stuck to the legalese, and thereby denied HER lawyer, who was listening in and recording, any opportunity to sue over the dismissal process.

Class? She wouldn't know it in a million years.

5 posted on 09/08/2011 10:37:46 PM PDT by Talisker (History will show the Illuminati won the ultimate Darwin Award.)
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To: Steelfish

The only good thing about yahoo is that I can use it for my spam mail address...


6 posted on 09/08/2011 10:39:57 PM PDT by DouglasKC
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To: Steelfish
Update: Did this interview just cost Bartz $10 million? Yes, she had a non-disparagement clause...

I wonder how much she made while she was there? Must've been a whole lot to blow off $10 mil.

7 posted on 09/08/2011 10:40:09 PM PDT by LibWhacker
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To: nwrep
This drama queen is Exhibit A of why women should not be CEOs.

Her mistake was to take the job in the first place. Yahoo was a bad idea from the get-go (1995).

8 posted on 09/08/2011 10:41:15 PM PDT by cynwoody
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To: Talisker

From Business Insider:
Obama Dinner Guest List Will Also Include Carol Bartz, Larry Ellison
Matt Rosoff | Feb. 17, 2011,

The Los Angeles Times has just released the official list of everybody who is invited to tonight’s private dinner with President Obama in San Francisco:

Carol Bartz, president and CEO, Yahoo!

John Chambers, CEO and chairman, Cisco Systems

Dick Costolo, CEO, Twitter

John Doerr, partner, Kleiner Perkins Caufield & Byers

Larry Ellison, co-founder and CEO, Oracle

Reed Hastings, CEO, Netflix

John Hennessy, president, Stanford University

Steve Jobs, chairman and CEO, Apple

Art Levinson, chairman and former CEO, Genentech

Eric Schmidt, chairman and CEO, Google

Steve Westly, managing partner and founder, Westly Group

Mark Zuckerberg, founder, president and CEO, Facebook

Read more: http://www.businessinsider.com/obama-dinner-guest-list-will-also-include-carol-bartz-larry-ellison-2011-2#ixzz1XQmQgKPn


9 posted on 09/08/2011 10:42:42 PM PDT by Steelfish (ui)
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To: LibWhacker

I didn’t know non-conservative people could disparage. Would bet she’s not held to it.


10 posted on 09/08/2011 10:50:46 PM PDT by TwoSwords (Has anyone seen my suspension of disbelief pills?)
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To: nwrep

“This drama queen is Exhibit A of why women should not be CEOs.”

It’s also a scientifically proven fact that women are bad
luck on ships. On the other hand, it can also be said that
America has been on a down hill slope since women s suffrage.


11 posted on 09/08/2011 10:51:41 PM PDT by Slambat (The right to keep and bear arms. Anything one man can carry, drive or pull.)
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To: nwrep

Hey, jerkoff misognist.

Carol is one tough gal and built a company worth billions and was on the board of several luminary companies.

She did this for over 10 years.

You?

and yes, I know her.


12 posted on 09/08/2011 10:55:09 PM PDT by Vendome (Don't take life so seriously, you won't live through it anyway)
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To: Steelfish

She gets fired and then complains. People do it daily. Nothing original here at all. Disgruntled much?????


13 posted on 09/08/2011 10:55:21 PM PDT by napscoordinator
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To: Vendome

Understand. But it just looks bad when you complain AFTER getting fired. Had she wrote this last week it might be looked at differently. She just looks weak. Men who do this look weak too. It is ridiculous to complain about a company AFTER you are fired. What about that paycheck a few weeks ago that Yahoo gave her? Not much complaining then. I feel the same way about a guy a McD’s who gets fired for reasons that could have been mentioned way before the firing. It happens all too often. Courage is a wonderful thing. She did not show it.


14 posted on 09/08/2011 10:59:20 PM PDT by napscoordinator
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To: Steelfish

A bit off the subject but Steve Westly was involved with Solyndra. Hmmm, there go his remaining CA Gov. hopes down the drain.


15 posted on 09/08/2011 11:00:47 PM PDT by rfp1234
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To: Vendome

Thank you. I started reading the comments in this thread with mounting concern — FreeRepublic is hardly the best place for comments like those you objected to. Regardless of what one thinks of Carol Bartz or her parting shots at the Yahoo! board, there is no need for sweeping, inane misogynist statements such as those above, on this site. IMO, of course. Anyway, well said.


16 posted on 09/08/2011 11:04:24 PM PDT by dayglored (Listen, strange women lying in ponds distributing swords is no basis for a system of government!)
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To: Steelfish

Why doesn’t she just say how she really feels? /s


17 posted on 09/08/2011 11:05:57 PM PDT by MacMattico
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To: napscoordinator

That’s just typical Carol.

She gave them her plan and delivered. Revs were on schedule to increase next year as planned.

They got impatient and probably needed to be.

I guess I disagreed with pointing out her weakness by virtue of being a woman.

I was once cabling a building for her in San Rafael and she told me if I slowed down her projected open date that was my last job.

I replied that if she gave me unfettered access 24x7 and would accept change orders there would be no way I would allow it to be late.

The other trades can slow me down and it doesn’t have to be that way.

Apparently she wanted that space wired. Got a call from security and IT. Was told my guys would have to be named and badged but they could enter and leave anytime.

They even built us a cage to store out material so we wouldn’t have to truck it in.

Some people were working in their office before the carpet was even laid down.

Easy, peasy and loved working for her.


18 posted on 09/08/2011 11:07:21 PM PDT by Vendome (Don't take life so seriously, you won't live through it anyway)
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To: dayglored

Someone posted the list of people who had dinner with Barry and I know half those people.

Prima Dona’a all. Don’t bother me a bit either. I like people who let you know where you stand and it’a about performance mostly competitiveness sometimes.

Either way, fine by me. Worked for women and worked for men.

Couldn’t care less if they are the boss or the customer. I execute beyond their expectations so I don’t have to hear from them again, unless they want me to do something else for them and there’s money in it for me.

I’ve done somethings as a favor but it’s expected that favor will be returned or called on and I have.


19 posted on 09/08/2011 11:11:29 PM PDT by Vendome (Don't take life so seriously, you won't live through it anyway)
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To: napscoordinator

So, male CEOs who get fired don’t complain?


20 posted on 09/08/2011 11:21:17 PM PDT by paudio (The 0bama Downgrade Two (a possible sequel to the current horror movie))
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To: nwrep

So Palin or Bachmann shouldn’t be President then?

And Thatcher was a mistake as well right.


21 posted on 09/08/2011 11:24:30 PM PDT by DB
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To: Vendome
You must have a very interesting job.

Intriguing...

22 posted on 09/08/2011 11:36:12 PM PDT by DB
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To: Vendome
and yes, I know her. <<

LOL...Biblically I assume.....judging by your tag

Hope u didn't buy the stock too!

23 posted on 09/08/2011 11:56:02 PM PDT by M-cubed
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To: Slambat

Provably.


24 posted on 09/09/2011 1:55:48 AM PDT by SandwicheGuy (*The butter acts as a lubricant and speeds up the CPU*)
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To: Vendome
"Someone posted the list of people who had dinner with Barry and I know half those people."

Well, ain't you just somebody..........whoooowee !!

25 posted on 09/09/2011 2:51:37 AM PDT by EN1 Sailor (I saw the best minds of my generation destroyed by madness)
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To: Steelfish

I heard she is a Hussein worshipper. If so, see ya sweets.


26 posted on 09/09/2011 2:56:45 AM PDT by Recovering_Democrat
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To: nwrep

Sexist much?


27 posted on 09/09/2011 2:56:56 AM PDT by 9YearLurker
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To: Vendome

Great story.


28 posted on 09/09/2011 3:00:15 AM PDT by 9YearLurker
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To: Talisker

“She’s just pissed that the Chairman stuck to the legalese, and thereby denied HER lawyer, who was listening in and recording, any opportunity to sue over the dismissal process.”

That’s right. Also, 6:00 is 6:00 in man-world; not 6:06. I work with women who regularly and openly come in 15-30 minutes later than everyone else; apparently less is to be expected of these “professionals” (who don’t even have children that might cause such issues). As somone posted on another thread a while back: Is it legal to fire a woman?


29 posted on 09/09/2011 3:05:32 AM PDT by kearnyirish2
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To: Steelfish

I pray for her and her family through this tough time. It is tough to lose your job. No matter at what level.


30 posted on 09/09/2011 3:29:40 AM PDT by castlegreyskull
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To: Steelfish

I pray for her and her family through this tough time. It is tough to lose your job. No matter at what level.


31 posted on 09/09/2011 3:29:42 AM PDT by castlegreyskull
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To: Steelfish
Boo Hoo Bartz
32 posted on 09/09/2011 4:01:32 AM PDT by y6162
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To: DouglasKC
The only good thing about yahoo is that I can use it for my spam mail address...

I've had one for years, just for that purpose. When Amazon and Verizon etc, need an email address (and it has to be valid) for me to buy something or set up an account, I give them that good old Yahoo address and when they pass around that address to every spammer in the world, I don't care and believe me, it does get passed around.

It came as a surprise to me but the Tea Party Express turned out to be one of the worst spammers ever, literally thousands of emails from them. I never open them, so I don't actually know what's in them but when an organization sends me that many......it's super spam

33 posted on 09/09/2011 4:14:17 AM PDT by Graybeard58
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To: Steelfish

She used the typical 3/5 Plan: A 5 year plan but she is out in 3, meaning it is a bogus plan that is all smoke and mirrors. It doesn’t take until 2012 to turn around Yahoo, it just takes her that long. Anyone can cut expenses or grow through acquisition to make the balance sheets look better, but try building a company’s revenues through actually building products and services people buy.


34 posted on 09/09/2011 8:32:00 AM PDT by CodeToad (Islam needs to be banned in the US and treated as a criminal enterprise.)
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To: EN1 Sailor

Not really.


35 posted on 09/09/2011 10:27:19 AM PDT by Vendome (Don't take life so seriously, you won't live through it anyway)
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To: Steelfish

Classy lady. /s


36 posted on 09/09/2011 10:37:50 AM PDT by ataDude (Its like 1933, mixed with the Carter 70s, plus the books 1984 and Animal Farm, all at the same time.)
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This drama queen is Exhibit A of why women should not be CEOs.

Man, I'm as old fashion as it gets, but I really believe there are many women who would and could make excellent executive material.

Just not liberals...

37 posted on 09/09/2011 2:02:38 PM PDT by Caipirabob ( Communists... Socialists... Democrats...Traitors... Who can tell the difference?)
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To: castlegreyskull
I pray for her and her family through this tough time. It is tough to lose your job. No matter at what level.

You're kidding, right?

This lady is worth tens of millions, if not hundreds of millions of dollars.

It's not like she was making $12/hr and got laid off. She'll be OK.

38 posted on 09/11/2011 8:12:27 AM PDT by IDontLikeToPayTaxes
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To: IDontLikeToPayTaxes

“You’re kidding, right?

This lady is worth tens of millions, if not hundreds of millions of dollars.

It’s not like she was making $12/hr and got laid off. She’ll be OK.”

No I am not kidding. Just because she is worth millions doesn’t mean she is okay emotionally. I am sure she is finacially sound. However, I believe when a person loses their job it potentially takes a toll emotionally and it might even affect her family (especially when you worked hard and developed a lot friendships there). Her remarks strike me as someone that was hurt by the decision. I am sure she will move on like anyone else who loses their job, but in the short term I pray her and family gets through this.


39 posted on 09/11/2011 8:45:59 AM PDT by castlegreyskull
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