Yahoo names Carol Bartz new CEO

London, Jan 14 (ANI): Yahoo Inc. has named technology veteran Carol Bartz as its new chief executive.

The 60-year-old Silicon Valley veteran is a well-respected industry figure who led business software maker Autodesk for 14 years before becoming its chairman in 2006.

Her appointment follows a search for a replacement for the Internet portal's co-founder Jerry Yang, reports the BBC.

Before Autodesk, Bartz had spent nine years at Sun Microsystems, rising to become the second most senior executive behind the then-CEO, Scott McNealy.

She has been named in Fortune magazine's list of the 50 Most Powerful Women in Business and featured on Barron's list of the World's 30 Most Respected CEOs.

"She is able to see the essence of things because she doesn't spend a lot of time worrying about how people are going to feel," said Nilofer Merchant, a former Autodesk manager, now chief executive of technology consultant Rubicon.

"She is driven by doing the best thing for the business," Merchant added. (ANI)