This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

4 Tech CEOs Teetering After Bartz

-- Updated with stock move and potential Yahoo! breakup strategy.

NEW YORK ( TheStreet) -- With Carol Bartz out at Yahoo! (YHOO - Get Report), the list of CEOs on the brink shrinks to four.

Tumultuous markets, slumping sales and stalled turnaround strategies put a lot of pressure on CEOs. And as Bartz ouster showed, it's only a matter of time until the board decides to shake things up.

Carol Bartz

Bartz's nearly three year run as Yahoo! chief came to an end Tuesday when she received a call from Yahoo! chairman Roy Bostock, who apparently told her it was time for a change. CFO Tim Morse takes over on an interim basis until the board finds a permanent replacement.

Wall Street cheered the move. Yahoo! shares, which rose as much as 7% cooled slightly but were still trading up 4% Wednesday on the news and the potential breakup strategy for the stumbling `Net giant.

How jazzed were investors by Bartz removal? Yahoo's market cap jumped by more than $1 billion immediately following the news.

After a hopeful start, Bartz had lost some of her gruff charm. Bartz may eventually be remembered for the fact that she ran Yahoo! while the company sat on the sidelines during the social media and mobile Internet boom.

But Bartz isn't alone.

There are other tech titans that have struggled to meet market challenges and, in some cases, have driven businesses off course.

Here are four other tech CEOs in the hot seat who may get a similar call from their boards. The ranking is in order of stock declines for the year.

1 of 5

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
CSCO $28.97 0.52%
HPQ $33.21 -0.15%
MSFT $47.37 -1.00%
YHOO $44.83 0.70%
AAPL $132.84 2.00%

Markets

DOW 18,139.63 +59.49 0.33%
S&P 500 2,124.59 +6.90 0.33%
NASDAQ 5,115.3320 +23.2470 0.46%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs