Makeover at Yahoo: Carroll in a phone conversation was fired, due to the discontent of shareholders.CFO appointed temporary CEO
Storm at Yahoo: CEO Carol country was dismissed, and the company will strategic assessment to work as to try to stop the long shuffle. The country will replace the company's chief financial officer Tim Morse serve as temporary CEO, while Yahoo search for a permanent CEO new with professional placement firm. Israel sent a letter to Yahoo employees said that she was fired by telephone. "I'm sorry to tell you right now I was fired over the phone by Yahoo Chairman. It was a pleasure working with you all and I wish you only the best way forward '. Yahoo issued an official notice stating: "The company announces the reorganization. Timothy Morse will replace Carroll in the country was transferred as CEO. Board of Directors also announced the key drivers of old Yahoo a new administrative council to help Morse to run the company until a permanent CEO appointed. Roy Bostock, CEO of Yahoo's board said: "The board sees tremendous growth options can take advantage of Yahoo, and its main goal is to leverage the leadership of the company and current business assets to Yahoo you can deal with these opportunities. We have a talented staff and resources and we intend to return the company back to growth and industry leadership. We are committed to evaluate possibilities and opportunities that will set the Yahoo steered growth and innovation to deliver shareholder value. We want to thank Carol in the service for Yahoo during the critical time of change and against large economic fall. " Israel: a failed two years in office Advertising share down. Yahoo (Reuters) Israel started to operate in January 2009 and performed fairly well in the will of the shareholders. The company was unable to cope with giants Google and Facebook, and attempts to go in directions of social media orientation Yahoo did not return a more central position and raised its advertising share, down from 16% to 9.7% during her tenure. Although Yahoo's stock rose by 6.7% since the suit in the promoted Jerry Yang, but for investors it was not a satisfactory result. Yahoo reported revenues below forecasts for the second quarter of the country.
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