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Internet Yahoo's CEO Search Down to Few Candidates
Michael Barkoviak - January 9, 2009 5:02 PM

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4 comment(s) - last by Dreifort.. on Jan 12 at 11:57 AM

The hunt for Yahoo's new CEO continues, with a few people likely candidates for the job

After Yahoo CEO Jerry Yang announced he would step down once the struggling Internet company found a suitable replacement, executives began looking for a new replacement.

The company reportedly has a small list of candidates it's considering, with Yahoo President Susan Decker and former Autodesk Executive Chairwoman Carol Bartz at the top of the list. Bartz is either a backup candidate or front runner for the job, and Yahoo insiders who wish to remain anonymous said the board is leaning more towards an outsider to take over the company.

During Bartz's tenure at Autodesk -- where she has been for 14 years until 2006 -- the company grew from a $285 million per year business into a $1.52 billion business at the end of 2006.

Former Vodafone CEO Arun Sarin and at least one other candidate are still in the running, but it is very difficult to tell who has the lead.

An announcement could come as soon as next week -- and Yahoo should have a final decision before the company's earnings report on Jan. 27.

The dominance of Google has led to Yahoo's prolonged suffering, and the struggling economy -- in which total advertising dollars are dwindling -- has led to further problems for the Sunnyvale-based company. Yang initially wanted to remain in control of Yahoo, but the company's board faced too much pressure to try and replace him because of failed business deals.

Microsoft said it didn't have interest in taking over the entire company, but the Internet search portion of Yahoo remains appealing. Steve Ballmer and company will likely wait until a new CEO has been chosen before attempting to discuss a possible buyout.

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Google

By christojojo on 1/10/2009 4:02:07 PM , Rating: 2

Little known "fact" (not) they used Google to find those candidates.

RE: Google

By hadifa on 1/11/2009 6:54:49 PM , Rating: 2

quote:
Little known "fact" (not) they used Google to find those candidates.

Then I hope they've had the "safe search" enabled!

Parent

RE: Google

By Dreifort on 1/12/2009 11:57:46 AM , Rating: 2

If they use image search, they prob saw a lot of female canidates {wink, wink}

They could use Yahoo's own Hot Jobs? But that would be too wasy, yes?

Parent

Sarin still in the running ?!!.

By fteoath64 on 1/10/2009 2:30:30 AM , Rating: 4

The board is absolutely CRAZY to consider Sarin for the job. Hey they want another Terry S or what?. He will run the company to the ground in 2 years!.

These telecom types don't belong to an Internet company, if Yahoo still wants to be an Internet company. I hope Carol B gets the job. At least, it would be a person who understands how software works and what services it can render.