November 25, 2014
SAN FRANCISCO (AP) - Carol Bartz is no longer CEO of Yahoo Inc.,
according to a report by the Wall Street Journal's All Things D
The situation around her departure is unclear, the report said, citing anonymous sources. But the blog says Chief Financial Officer Tim Morse has been named interim CEO.
Bartz sent an e-mail out to employees saying she had been fired by Chairman Roy Bostock Tuesday, the blog reported.
Bartz, 63, has had a rocky tenure at Yahoo since she was appointed CEO in January 2009. Most recently, Yahoo settled a dispute surrounding a Chinese payment service called Alipay in a way that ended up diminishing Yahoo's stake in the company.
Yahoo shares jumped 74 cents, or 5.7 percent, to $13.65 in after-hours trading.
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