Staffing, Yahoo Ceo | featured news

Ross Levinsohn, the executive who served as Yahoo's interim chief, confirmed on Monday that he was leaving the Internet company after being passed over to fill the spot permanently.

The sudden ouster of Yahoo CEO Carol Bartz wasn't triggered by one specific factor, but rather because Ms. Bartz wasn't reaching a series of performance targets.

Yahoo Inc said on Tuesday it has removed CEO Carol Bartz and replaced her on an interim basis with Chief Financial Officer Tim Morse, ending a rocky two-year run marked by stagnating growth and a bitter rift with Chinese partner Alibaba.