Sard Verbinnen & Co. is advising Yahoo! Inc. as the company navigates the abrupt firing of CEO Carol Bartz by its board of directors on Sept. 6.
Bartz, in a highly scrutinized email from her iPad, told Yahoo! employees Tuesday that she was “sad to tell you that I’ve just been fired over the phone by Yahoo’s chairman of the board.” She exits after two years at the helm.
Charles Sipkins, managing director in Sard’s Los Angeles office, is handling media relations on the executive shake-up for Yahoo!, a longtime client.
Yahoo! said Tuesday that CFO Timothy Morse was named CEO with the support of a newly formed leadership council.
The company expects to hire a national executive search firm to find a new CEO.