Goldman reports that Yahoo! Tech and Products groups will be combined into a group called Products and be led by Ari Balogh. His title will be Executive Vice President of Products and Chief Technology Officer. he will report directly to CEO Carol Bartz.

As part of this restructuring there will be two regions, North American and International. The North American region will be led by Hilary Schneider (Executive Vice President, North American Region). She will report to Carol Bartz. A leader for the International region will be named soon.

David Ko will be Yahoo!'s new Head of Global Mobile Business. In this role he will "lead mobile business, strategy and monetization teams". he will report to Hilary Schneider.

According to Yahoo!, "a Chief Marketing Officer (CMO) role has been created to oversee our global marketing strategy and provide direction for our marketing function". That role will be filled by Elisa Steele beginning March 23rd.

"The newly created Service Engineering & Operations (SE&O) team will be chartered with delivering common technology services at scale, including application management and infrastructure. The team will be led by David Dibble, Senior Vice President of SE&O."

HR will be led by David Windley, Legal led by Michael Callahan (no change) and the company says, "our CFO is to be hired, with Blake Jorgensen remaining through the transition. Joel Jones will serve as Carol Bartz's chief of staff".

Be sure to read Jim Goldman's full story about this epic restructuring here. Get Kara Swisher's take about all of this (she's been following these moves very closely) and if you really want the scoop, get it straight from Carol Bartz herself. She has taken on the monumental task of succeeding beloved co-founder and former CEO Jerry Yang with real courage and vision. In her post she promises, "look for this company's brand to kick ass again."