Following a tumultuous ouster from Yahoo, former Chief Executive Officer Carol Bartz stepped down as a director from the Internet search company’s board.
Roy Bostock, chairman of the Sunnyvale, Calif.-based Yahoo, fired the company chief around a week ago and informed her about his decision by telephone, prompting Bartz to accuse the board of mistreatment.
In an interview with the Fortune magazine, Bartz called her fellow directors “doofuses,” adding they “f---ed me over.”
Bartz, who took over as chief executive in January 2009, was ousted as she failed to grow the company’s huge but dwindling business. Sixty-three-year-old Bartz couldn’t do much to prevent Google and Facebook from alluring away the company’s users as well as advertisers.
Meanwhile reports are emerging that Internet firm AOL has approached Yahoo to find out the possibility of merger of the two struggling businesses. A recent report by Bloomberg claimed that AOL's chief executive officer Tim Armstrong had met Yahoo's advisers to gauge their interest in merging the two companies.
As per some estimates, Yahoo and AOL have market values of around $18.2 billion and $1.6 billion respectively.
Previously Bartz had turned down Armstrong’s merger plan for the AOL and Yahoo.
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