Yahoo! have appointed Carol Bartz, formerly of software company Autodesk, as their new CEO. Bartz will replace Jerry Yang who stated in November 2008 that he would be stepping down from his role. Yang co founded Yahoo! with David Filo in 1994.
Due to the nature of Bartz’s background, some cynics have questioned the motives of appointing her in such a role. Many believe that her appointment could rekindle the interest of Microsoft, however the software giants have stated they aren’t interested in an outright acquisition anymore.
Bartz has an uphill task on her hands with kickstarting the World’s second favourite search engine fortunes as Google continues to grow.