Successful businesswoman Carol Bartz is sitting fairly on a mammoth net worth of $100 million. Bartz labored laborious for her net worth – she was the previous president and CEO of the highest web firm Yahoo! and CEO of Autodesk.
Bright-eyed Bartz graduated from University of Wisconsin- Madison with a pc science diploma within the early seventies. She secured her first job at a multinational organisation 3M. Bartz made a rapid exit after she was ejected from a place she utilized for on the firm’s headquarters. The motive was – ‘girls do not do these jobs.’ Bartz went on to work for Digital Equipment Corporation and Sun Microsystems.
Bartz’s years of laborious work paid off – she grew to become the CEO of Autodesk within the early 1990’s. The 63 12 months previous turned the Autodesk (a small aimless PC firm) into a frontrunner of computer-aid design software program for architects and builders. Bartz half methods with the corporate in 2006, however grew to become the chief chairman of board.
Bartz’s largest problem was but to return: In early 2009, she took on the position because the CEO of the one of the crucial well-liked web firm Yahoo!, changing co- founder Jerry Yang. There has been a number of hypothesis from the media (corresponding to Business Week), that Bartz was unable to save lots of the corporate. In actuality, Bartz was the reply to strengthen Yahoo!
With loads of positives, there are a number of minuses. Bartz needed to make a shed load of cuts, together with eliminating, jobs, executives and seasonal events. For her efforts, Bartz gave herself a ‘B –’. The media had a really completely different opinion – they really rated her greater for the challenges Bartz needed to face.
This September (2011), Bartz stepped down from her place at Yahoo! She remained because the Board of Director, however left the place in the identical month (September).
When Bartz joined Yahoo!, her annual wage was $1 million plus bonuses and shares of $500,000. On departure of Yahoo!, Bartz was price $47.2 million, making her the ‘most overpaid’ CEO in response to proxy agency Green-Lewis.
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