Yahoo Chairman Fired CEO Carol Bartz Over the Phone

Yahoo issued a statement late Thursday confirming its removal of Carol Bartz after the news was first reported by blog AllThingsD. The blog reported that  Bartz had sent an email to her former staff at Yahoo. She wrote that the Yahoo’s Chairman of the Board fired her over the phone, “It has been my pleasure to work with all of you and I wish you only the best going forward.”

Yahoo also mentioned the formation of an executive leadership council charged with working with a recruitment firm to find her placement and supporting former Warner Bros.