Carol Bartz, former chief executive of software company Autodesk, is the CEO of Yahoo! . Ms Bartz is taking over a company which has seen its share price drop by half over the past year and is struggling to reassert itself on the web.
Carol A. Bartz (born August 29, 1948 in Winona, Minnesota) was the CEO at Autodesk from 1992 until 2006. According to Forbes, “Since 1992, Bartz, 56, has transformed Autodesk from an aimless maker of PC software into a leader of computer-aided design software, targeting architects and builders.” She is credited with instituting and promoting Autodesk’s “3F” or “fail-fast forward” concept — the idea that you engineer a company to fail in certain missions, to be resilient to failure, and to respond to it by overcoming quickly.On January 13th, 2009, the Wall Street Journal announced that the 60 year-old Bartz had accepted an offer to be the next CEO of Yahoo!, succeeding outgoing CEO & co-founder Jerry Yang.
Mr Yang, who angered many Yahoo! share-holders last year for rejecting a $47 billion takeover offer from Microsoft, announced in November that he was stepping down after little over a year as CEO.