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 ...
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!
Bartz’ Autodesk wasn’t a success either, they had to do a lot of damage control after she left in 2009.
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.
The only good thing about yahoo is that I can use it for my spam mail address...
I wonder how much she made while she was there? Must've been a whole lot to blow off $10 mil.
Her mistake was to take the job in the first place. Yahoo was a bad idea from the get-go (1995).
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
I didn’t know non-conservative people could disparage. Would bet she’s not held to it.
“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.
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.
She gets fired and then complains. People do it daily. Nothing original here at all. Disgruntled much?????
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.
A bit off the subject but Steve Westly was involved with Solyndra. Hmmm, there go his remaining CA Gov. hopes down the drain.
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.
Why doesn’t she just say how she really feels? /s
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.
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.
So, male CEOs who get fired don’t complain?
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