Note to Yahoo’s Bartz: Ma company, Ma way
Yahoo CEO Carol Bartz has earned a reputation as a strong-willed, no-nonsense executive.
“Personally I have a management philosophy: when you see someone in the kitchen, don’t give them directions. Let them do it,” Ma told Reuters during a visit to New York on Thursday. “I do it my own way. I don’t listen to Yahoo.”
Ma doesn’t need to listen to Yahoo. As part of a 2005 deal, Yahoo has a 40% stake in Alibaba.com, but Yahoo China is Ma’s baby.
When it comes to Yahoo China, Ma says, Yahoo is just a shareholder.
Ma paid a visit to his largest shareholder and met with Bartz during this trip to the U.S., though he would not say what they discussed.
Could Bartz be considering a new strategy in China, and a sale of its stake in Alibaba, as some have speculated?
“If they stay, good. If they leave, great. That’s how we do business,” Ma said.
Alibaba acquired exclusive ownership of the Yahoo brand in China through the 2005 deal. The question is: who gets to use the brand in China if the two part ways?