If Carol doesn’t believe in Yahoo! why should we?
The Guardian recently discovered that Carol Bartz, C.E.O of Yahoo!, sold $830,000 (£508,000) of Yahoo! stock in March of this year, and a further $1.4m (£857,000) in June. This amounts to 46% of her share options in the ailing company. Not an insignificant amount and very poorly timed considering the recent Bing search deal.
This flies in the face of her recent leaked memo where she grumbled, "get out of the sugar low – we have work to do. Stop staring at our navels, stop arguing with each other. Stop debate, debate, debate, and let's focus on the competition."
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12 June 2013 / 13 June 2013