Bartz and a tale of two Yahoos

Bartz and a tale of two Yahoos

Summary: Listening to Yahoo CEO Carol Bartz illustrated a tale of two companies: The one the company's board of directors and CEO saw and the one shareholders were griping about.

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Listening to Yahoo CEO Carol Bartz on Thursday illustrated a tale of two companies: The one the company's board of directors and CEO saw and the one shareholders were griping about.

Bartz presentation revolved around the progress Yahoo has made. For starters, the company revamped its technology infrastructure. The company also improved normalized earnings, is top 3 in most categories and lands more video viewers than Hulu.

And Yahoo is solidly behind Bartz. Yahoo Chairman Roy Bostock said the board was "very supportive of Carol and the management team." But 20 percent of shareholders weren't all that supportive. Bartz and Bostock landed 80 percent of the shareholder votes for new board terms. Other board members landed 90 percent of the vote.

At times Bartz sounded bummed---especially when told a search for her replacement was needed. Rumors had swirled that Yahoo was looking for a replacement. A Yahoo representative told CNET News that there is no search to replace Bartz and that rumors are "categorically untrue."

Overall, Bartz was upbeat about Yahoo's properties. She noted that the company is alone as a premier digital media property.

As already previously, Yahoo is focused on personalization, mobile and driving engaging content.

Here are Bartz's money slides to justify her side of the story:

Topics: Social Enterprise, Banking, CXO, Enterprise Software, Legal

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11 comments
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  • Yin

    That's impressive: an actual company that can stay in business.

    Yahoo didn't used to be like that.
    Robert Hahn
    • RE: Bartz and a tale of two Yahoos

      @Robert Hahn

      Yahoo's main problem is beyond Bartz's control, simply it was always going to take a long time to turn them around. She knew this when she took the job of course, but it seems a lot of shareholders didn't want to believe it. Stay the course and they'll be fine I think.
      OffsideInVancouver
      • RE: Bartz and a tale of two Yahoos

        @OffsideInVancouver
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    • RE: Bartz and a tale of two Yahoos

      @Robert Hahn

      And Yahoo is solidly behind Bartz. Yahoo Chairman Roy Bostock said the board was <strong><a href="http://learnviolinonlinehq.com/">learn violin online</a></strong> ???very supportive of Carol and the management team.??? But 20 percent of shareholders weren???t all that supportive. <strong><a href="http://glaucomaeyedrops.com/">glaucoma eyes drops</a></strong> Bartz and Bostock landed 80 percent of the shareholder votes for new board terms. Other board members landed 90 percent of the vote.
      Having 20% of your investors against you must clearly not be funny.


      Yahoo's main problem is beyond Bartz's control, simply it was always going to take a long time to turn them around. She knew this
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      when she took the job of course, but it seems a lot of shareholders didn't want to believe it. Stay the course and they'll be fine I think.
      I fully agree with this! Yahoo is simply too slow to re-organize.
      obitwo
      • RE: Bartz and a tale of two Yahoos

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        tryagain23
    • RE: Bartz and a tale of two Yahoos

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  • Reduced cost structure

    Sure, by firing people but outsourcing the reason Yahoo started will come back to Yahoo badly.
    gscott@...
  • Sentimental about Yahoo

    I remember using Yahoo on a 19.2kb dial up modem, I have kept my e-mail account there since then. While their technology advances were not often cutting edge, they have been OK.
    Sagax-
  • RE: Bartz and a tale of two Yahoos

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    • RE: Bartz and a tale of two Yahoos

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  • RE: Bartz and a tale of two Yahoos

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    pyojarker