Carol Bartz Net Worth is$100 Million
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deserves the money?
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Profession: Businessperson, Chief Executive Officer
Date of Birth: Aug 29, 1948
Ethnicity: White
Country: United States of America
Successful businesswoman Carol Bartz is sitting pretty on a mammoth net worth of $100 million. Bartz worked hard for her net worth - she was the former president and CEO of the top internet company Yahoo! and CEO of Autodesk. Bright-eyed Bartz graduated from University of Wisconsin- Madison with a computer science degree in the early seventies. She secured her first job at a multinational organisation 3M. Bartz made a quick exit after she was ejected from a position she applied for at the company's headquarters. The reason was - 'women don't do these jobs.' Bartz went on to work for Digital Equipment Corporation and Sun Microsystems. Bartz's years of hard work paid off - she became the CEO of Autodesk in the early 1990's. The 63 year old turned the Autodesk (a small aimless PC company) into a leader of computer-aid design software for architects and builders. Bartz part ways with the company in 2006, but became the executive chairman of board. Bartz's biggest challenge was yet to come: In early 2009, she took on the role as the CEO of the one of the most popular internet company Yahoo!, replacing co- founder Jerry Yang. There has been a lot of speculation from the media (such as Business Week), that Bartz was unable to save the company. In reality, Bartz was the answer to strengthen Yahoo! With plenty of positives, there are a lot of minuses. Bartz had to make a shed load of cuts, including eliminating, jobs, executives and seasonal parties. For her efforts, Bartz gave herself a 'B -'. The media had a very different opinion - they actually rated her higher for the challenges Bartz had to face. This September (2011), Bartz stepped down from her position at Yahoo! She remained as the Board of Director, but left the position in the same month (September). When Bartz joined Yahoo!, her annual salary was $1 million plus bonuses and shares of $500,000. On departure of Yahoo!, Bartz was worth $47.2 million, making her the 'most overpaid' CEO according to proxy firm Green-Lewis.
Carol Ann Bartz (born August 29, 1948) is an American business executive, the former president and CEO of the Internet services company Yahoo!, and former chairman, president, and CEO at architectural and engineering design software company Autodesk.
Bartz was born in Winona, Minnesota. Her mother, Shirley Bartz, died when Carol was eight years old. A few years later, she and her younger brother Jim moved from Minnesota to the home of their grandmother, Alice Schwartz, on a dairy farm near Alma, Wisconsin. In high school, Bartz did well in mathematics, and was also homecoming queen. She began college at William Woods University in Fulton, Missouri, and subsequently transferred to the University of Wisconsin-Madison where she received a bachelor's degree in computer science in 1971. While in college, she supported herself as a cocktail waitress. Carol Bartz also has two half brothers and two half sisters all living in Wisconsin and Minnesota.
Bartz was also awarded an Honorary Doctorate of Humane Letters degree (2002) from New Jersey Institute of Technology, an Honorary Doctor of Science degree from Worcester Polytechnic Institute and an honorary Doctor of Letters degree from William Woods University.
In 1976, Bartz went to work at the manufacturing conglomerate 3M, but left after her request to transfer to the headquarters was denied; she was told that "women don't do these jobs". Bartz moved on to the computer industry, including jobs at Digital Equipment Corporation and Sun Microsystems.
She became CEO of Autodesk in 1992. According to Forbes, Bartz "transformed Autodesk from an aimless maker of PC software into a leader of computer-aided design software, targeting architects and builders." She is credited with instituting and promoting Autodesk's "3F" or "fail fast-forward" concept - the idea of moulding a company to risk failure in some missions, but to be resilient and move on quickly when failure occurs. She stepped down as CEO in 2006 and became t

Carol Bartz Net Worth, 3.7 out of 5 based on 3 ratings

Carol Bartz Latest News

Cisco Systems Inc. (CSCO) Stake Increased by Hallmark Capital Management Inc.

The sale was disclosed in a document filed with the SEC, which is available at this link. Also, Director Carol Bartz sold 15,000 shares of the stock in a transaction that occurred on Thursday, August 25th. The stock was sold at an average price of $31.25 ...
Posted: October 10, 2016, 8:46 am

McPaper Broils Marissa Mayer: The Yahoo Saga Continues

And it holds true for minorities in the same situation.” Mayer also brought buzz, appeal and interest to Yahoo after two of her predecessors — Carol Bartz and Scott Thompson — damaged the company’s brand, according to Search Engine’s Sterling.
Posted: October 19, 2016, 8:59 pm

Mayer's legacy is diminishing at Yahoo

And it holds true for minorities in the same situation.” Mayer also brought buzz, appeal and interest to Yahoo after two of her predecessors — Carol Bartz and Scott Thompson — damaged the company's brand, according to Search Engine's Sterling.
Posted: October 18, 2016, 3:09 pm
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