Will Bartz, new CEO of Yahoo lead it to progress?

A stir around the appointment of a new CEO at Yahoo! provokes concerns with the public. Yahoo Inc named Autodesk Inc Chairman Carol Bartz as CEO but Wall Street expressed its doubt on whether she has the experience needed to drive the company into success. The previous CEO Jerry Yang, who co-founded Yahoo, agreed in November to step down after infamous failure to accept a $47.5 billion takeover bid from Microsoft angered many shareholders.

Obviously, shareholders are expecting a chief executive with more deal-making credentials who could revive talks with Microsoft Corp and Bartz, though having a significant background in the Silicon Valley and a reputation for being a tough but fair manager is not considered by some experts as the best choice. In addition, Yahoo! also said on Tuesday that President Sue Decker, one of the candidates to succeed Jerry Yang as CEO, will resign after a transitional period.

"I think the market may be a little bit disappointed that Yahoo's not going with someone who isn't a little bit more savvy when it comes to technology and media," said Todd Greenwald, an analyst at Signal Hill.