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| Carol Bartz Source: Autodesk |
Yahoo plans to name former Autodesk CEO Carol Bartz as the Internet network’s next chief executive, The Wall Street Journal reported on its Web site on Tuesday, citing sources familiar with the situation.
The offer would end Yahoo’s (NASDAQ: YHOO) two-month search for a chief executive to succeed co-founder Jerry Yang, who agreed in November to step down as chief executive as soon as the Internet company found a replacement.
Yang, who took on the CEO role in 2007, faced growing criticism from investors, including Carl Icahn, for rejecting a buyout offer from Microsoft (NASDAQ: MSF). Microsoft withdrew its $47.5 billion buyout offer in May.
Bartz, 60, is a longtime Silicon Valley executive who was the CEO of Autodesk (NASDAQ: ADSK) until 2006.
A Yahoo spokesman declined to comment.