Thursday, June 19, 2008
Who’s Next to Go at Yahoo as Reorg Looms?
My special BoomTown Yahoo tip inbox is filling up fast this week from Yahoo employees–who, by the way, seem to like to use Gmail as their secret one–all buzzing about the next shoe to drop.
That clodhopper would be, of course, which major exec will leave the troubled Internet company, all due to a major reorg that is about the hit the company within the next weeks.
After the recent departure of Network division EVP Jeff Weiner and Chief Data Officer Usama Fayyad–along with the flashier exit of Flickr’s Co-Founders Stewart Butterfield and Caterina Fake–several sources tell BoomTown that Search and Advertising Technology group EVP Qi Lu is the next on his way out too.
Despite the noise around the Yahoo/Google deal and the end of the Microsoft talks, attrition among Yahoo’s top executive ranks continues. Another executive departure will be announced today at 2 p.m. PDT. Dr. Usama Fayyad, Yahoo’s chief data officer, is leaving the company.
