Bartz completes her Yahoo departure

Published 12:01 am Tuesday, September 13, 2011

Carol Bartz has resigned from the Yahoo board of directors that she blasted for firing her as the company’s CEO last week.

The resignation reversed a defiant stance that Bartz took in a fiery interview published Thursday on Fortune magazine’s website. Bartz said, at the time, that she intended to retain her seat on Yahoo’s board even though she considered her fellow directors to be “doofuses.”

Bartz, 63, resigned from the board Friday, according to an email from board spokesman Charles Sipkins. Yahoo Inc. had previously said that Bartz was obligated to resign after her ouster as CEO.

Yahoo, which is based in Sunnyvale, Calif., has nine members left on its board.

An investment hedge fund that owns a 5.2 percent stake in Yahoo is asking Chairman Roy Bostock and three other directors to resign, too.

Associated Press