Will “f-bomb” and “doofus” remarks cost her dearly ?
Things have gone from bad to worse for Carol Bartz, who was fired from her post as Yahoo CEO on Tuesday. Her loose-lipped comments suggesting that board members “f—ed me over,” could cost her a bundle.
Fortune magazine published an emotion fueled rant with the newly-displaced Bartz that was laced with disparaging remarks. Many wonder if she has effectively burned a very important bridge to the future.
Bartz has a clause in her Yahoo contract that forbids her from speaking out against her employer without risking her golden parachute worth $10 million.
The 63-year-old executive has been employed by the internet giant for the past 32-months. What has her all fired up is the fact that she received her pink slip in a phone call from Yahoo board chairman Roy Bostock.
According for the Fortune interview, Bostock began reading a prepared legal statement before Bartz blasted him, “I said, ‘Roy, I think that’s a script. Why don’t you have the balls to tell me yourself?'” Her parting shot, “I thought you were much classier.”
The phone firing, according to Bartz, was a misguided attempt by the board “to show that they’re not the doofuses that they are.”
Despite the negative interview, Carol had fair praise for her successor. She acknowledges that Yahoo’s new CEO, Tim Morse, “is a great guy.”
Photo: WENN