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NJIT Honorary Degree Recipient Named New CEO of Yahoo

Carol Bartz, who was awarded an honorary degree by NJIT in January of 2002, will be named the new CEO of Yahoo, the Wall Street Journal is reporting. Bartz will replace the controversial CEO Jerry Yang. She is now executive chair of Autodesk. During her tenure with Autodesk, the company diversified its product line and grew revenues from $285 million to $1.523 billion in 2006.