Yahoo Reportedly Ready To Name Yang's Successor

Yahoo Reportedly Ready To Name Yang's Successor

Yahoo is preparing to announce that Carol Bartz, former chief executive of software maker Autodesk, has accepted an offer to lead the Internet company, it was reported Tuesday.

Yahoo wasn't immediately available for comment, but The Wall Street Journal, quoting "people familiar with the situation," reported that Yahoo would name Bartz, but didn't say when.



Bartz would succeed Jerry Yang, co-founder and former CEO of Yahoo, who announced two months ago he was stepping down. Yang's failure to reach an acquisition deal with Microsoft sparked an attempt by activist investor Carl Icahn to replace the Yahoo board. The revolt failed, but Yang was never able to turn around the struggling company.