The woman who was almost Yahoo's CEO says the company has become 'mediocre' and needs a new owner

Eugene KimApr 30, 2016, 00:15 IST

, Susan Decker, speaks at the Advertising 2.0 conference in New York June 4, 2008. REUTERS/Brendan McDermid

There was a time when Sue Decker was a star executive and shoo-in candidate for the CEO job at Yahoo.

But a number of decisions, including her role in rejecting Microsoft's buyout offer, derailed her reputation. Eventually, she left the company after Yahoo chose Carol Bartz over her as CEO in 2009.

Still, Decker remains a respected business executive, and helps some of the largest companies, including Intel, Costco, and Berkshire Hathaway, make better decisions by sitting on their boards.

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Yahoo's not one of the companies Decker's involved with anymore. But she was still able to provide some advice on the bealeaguered internet giant in a CNBC interview on Friday.

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The woman who was almost Yahoo's CEO says the company has become 'mediocre' and needs a new owner

NOW WATCH: ASSAULT RIFLES AND BATH SALTS - John McAfee tells the inside story behind his outrageous viral video