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Yahoo Names New CEO
Yahoo has found a new leader: former CEO of software company Autodesk Inc. Carol Bartz, according to The Wall Street Journal. The selection of Bartz, 60, marks the end of the struggling company's two-month search for a new CEO. Jerry Yang, a co-founder, stepped down after a dramatic decline in the company's stock price under his leadership. No word on how Bartz plans to reverse Yahoo's fortunes in the face of Google and the recession. Yahoo President Sue Decker will leave the company, as expected.
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