Bartz, 60, from software maker Autodesk Inc. replaces Yahoo´s co-founder Jerry Yang, who surrendered the CEO position after potentially lucrative deals with rivals Microsoft and Google both collapsed.
After a tepid early reaction, investors seemed to warm up to Bartz´s appointment. Yahoo shares fell 12 cents Tuesday to close at $12.10, then recovered 47 cents, almost 4 percent, in extended trading.
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