Welcome to WebProNews Breaking eBusiness and Search News
Advertise | Newsletter | Sitemap | News Feeds News Feed 
 WebProNews Search Part of the iEntry network iEntry inc. 

Yahoo Reorganizes Minus Two Execs

David A. Utter
Staff Writer
Published: 2006-12-06

WebProNews RSS Feed

COO Dan Rosensweig and media &entertainment head Lloyd Braun will leave Yahoo as the company reorganizes into three new operating groups, all reporting to current CEO Terry Semel.

The restructuring by Yahoo takes place as the company has been badgered frequently over its lackluster stock price, its relatively poor contextual advertising performance in comparison to Yahoo, and an internal product development and acquisition strategy that has led to duplication of efforts on some products, and a failure to acquire some key companies.

Yahoo's reorganization into Audience, Advertiser & Publisher, and Technology Groups is very notable for its executive moves. While Yahoo needs to find someone to fill the leadership role for the Audience Group, and current CTO Farzad Nazem takes on the Technology Group role, CFO Susan Decker has taken the Advertiser & Publisher lead.

The company will bring in another CFO to take over for Decker, who has been regarded as a possible successor to Semel. Some Wall Street types may want the more market-knowledgeable Decker in Semel's role sooner rather than later, which makes Yahoo's next financial announcement a must-watch event.

"Now, I know what you're thinking - this is all about peanut butter," Semel wrote on Yahoo's official blog. "Actually, we've been orchestrating this plan for a number of months as we envisioned the next phase of growth for the Internet."

Although Semel covered the restructuring and Rosensweig's departure in a statement and the blog post, Braun's departure received no official mention.

That nugget of information showed up later courtesy of gossip site Valleywag, which posted the news of his exit. A Yahoo spokesperson later confirmed Braun's exit.

Anonymous Yahoos commenting on Valleywag about Braun's exit were equally effusive about him being pushed out of Yahoo's Santa Monica offices. One characterized his work as "taking meetings with agents" and handing "shareholder's cash to Mark Burnett." Another described the response from his former subordinates as cheers, and said "Lloyd was the most computer-phobic, non-Internet aware person in all of Yahoo."


Add to Del.icio.us | Digg | Reddit | Furl

Bookmark WebProNews:

View All Articles by David A. Utter

Receive Our Daily Email of Breaking eBusiness News

About the Author:
David Utter is a staff writer for WebProNews covering technology and business.

WebProNews RSS Feed

More Top News Articles

Contact WebProNews


The official blog of WebProNews.

Go to WebProBlog

Targeted Information for Business
WebProNews is part of the iEntry network

Internet Business: Marketing: Small Business:
WebProNews MarketingNewz SmallBusinessNewz
WebProWorld AdvertisingDay PromoteNews
EcommNewz SalesNewz EntrepreneurNewz

Software: Search Engines: Web Design:
WebMasterFree Jayde B2B DesignNewz
NetworkingFiles SearchZA FlashNewz
SecurityConfig SearchNewz WebSiteNotes

Developer: IT Management: Security:
DevWebPro ITManagement SecurityProNews
DevNewz SysAdminNews SecurityConfig
TheDevWeb NetworkingFiles NetworkNewz

The iEntry Network consists of over 100 web publications reaching millions of Internet Professionals. Contact us to advertise.

 Advertise | Contact Us | Corporate | Newsletter | Sitemap | Submit an Article | News Feeds
 WebProNews is an iEntry, Inc. ® publication - $line) { echo $line ; } ?> All Rights Reserved
Ten most recent posts.

Featured Software

About WebProNews
WebProNews is the number one source for eBusiness News. Over 5 million eBusiness professionals read WebProNews and other iEntry business and tech publications.

WebProNews provides real-time coverage of internet business.

Free Email Newsletters:
WebProNews SearchNewz
WebProWorld DevWebPro
Marketing SecurityNews
Plus over 100 other newsletters!

Send me relevant info on products and services.

iEntry.com WebProWorld RSS Feed WebProWorld Contact WebProNews Print Version Email a friend Bookmark us SearchBrains.com SearchBrains RSS Feed