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Yahoo picks University of Wisconsin-Madison graduate for CEO

SAN FRANCISCO â?? Yahoo named technology veteran Carol Bartz as its new chief executive Tuesday, bringing in a no-nonsense leader known for developing a clear focus â?? something that has eluded the struggling Internet company during a three-year slump.

The decision to lure the University of Wisconsin-Madison graduate away from software maker Autodesk ends Yahoo’s two-month search to replace co-founder Jerry Yang, who surrendered the CEO reins after potentially lucrative deals with rivals Microsoft and Google both collapsed.