Yahoo gets new chief executive

"Silicon Valley veteran" Carol Bartz

14 January 2009 9:24 GMT / By Amy-Mae Elliott

Yahoo has revealed who its new chief executive is, naming "Silicon Valley veteran" Carol Bartz.

Described as a "well-respected industry figure", Bartz replaces Jerry Yang who stepped down late last year amid criticism from investors who saw Yahoo's share price drop substantially under his leadership.

Bartz was chief exec of software firm Autodesk until 2006, and has previously worked at Cisco and Sun Microsystems.

Bartz has been named in Fortune magazine's list of the 50 Most Powerful Women in Business and featured on Barron's list of the World's 30 Most Respected CEOs.

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