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Yahoo CEO Looking To Change Things Up At Yahoo (YHOO)

February 23, 2009 8:42 AM EST
Yahoo (Nasdaq: YHOO) Chief Executive Carol Bartz is preparing a company-wide reorganization that underscores the new CEO's belief in a more top-down managerial approach, according to the Wall Street Journal.

This plan is design to speed-up decision-making and give Yahoo products a more consistent appearance by consolidating certain functions that have previously been spread out across the company.

For example, Yahoo's European, Asian and emerging markets divisions would be consolidated under one leader.

Also, Carol Bartz has initiated searches for a number of high-level executives, including a search for chief marketing officer and other senior leaders. The Journal also reported that Bartz aims to streamline the company's ranks of vice presidents and senior vice presidents.



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