Ask.com CEO steps down amid shakeup
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Jim Lanzone is leaving the company in a management shakeup at parent Interactive Corp.
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Following investor pressure for a  management shake-up, Yahoo Inc.  Chairman and Chief  Executive Terry Semel is stepping aside and will be replaced as  CEO by co-founder Jerry Yang, Yahoo said on Monday, sending  shares up 3.5 percent in extended trade.
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Ask.com today announced a new feature called AskEraser that deletes a user's search activity data from the company's servers.
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(InfoWorld) - Yahoo Inc. has shaken up its top management ranks once again, as the struggling Internet giant continues tweaking its organizational structure to boost advertising sales, its main source of revenue. In the latest shift, Yahoo President Susan Decker announced in a memo to staff that the company's top sales executive is on his way out and that a new global sales organization has been created. Major management shakeups have become frequent at Yahoo in the past 10 months, as the company urgently tries to compete better, not only against archrival Google Inc. but also against nimble startups, and turn around its generally disappointing financial performance. Two months ago, co-founder Jerry Yang took over as CEO and chairman from Terry Semel, while Decker, former chief financial officer and head of Yahoo's advertiser and publisher group, became president, a drastic change driven by widespread investors' dissatisfaction with the company's direction. In particular, Semel took the fall for Yahoo's inability in recent years to profit as heavily as Google has from search engine-based pay-per-click advertising and for missed opportunities in hot markets like social networking and video sharing, where the company lacks strong services. A week after Semel's demotion to non-executive chairman,Â Yahoo combined its search and display advertising sales teams in the U.S. It was an attempt to extend the company's long-standing, core display advertising client relationships to the pay-per-click business, which generates about 40 percent of the industry's online advertising. Just seven months earlier, in December,Â Semel had rolled out a major reorganization, creating three main business units to focus on Yahoo's key customer segments: consumers, advertisers and publishers. At the time, Semel also announced that Dan Rosensweig, then chief operating officer, would leave the company. That reorganization was preceded by a widely publicized internal memo that was leaked to the media in November and came to be known as the Peanut Butter Manifesto. In the scathing memo, Brad Garlinghouse, Yahoo's senior vice president of communications and communities, called for a major reorganization, saying the company lacked "a focused, cohesive vision" that had made it "reactive" and eager to be "everything to everyone." Since theÂ uproar over the Peanut Butter Manifesto and the ensuing shakeups, Yahoo has seen quite a few changes in its upper management ranks. In addition to Semel's demotion and Rosensweig's departure, also gone are Wenda Harris Millard, who was chief sales officer, and Chief Technology Officer Farzad Nazem. In June, The New York Times reported that, in addition to these executives, at least 17 others at vice president level or higher had left Yahoo since the December reorganization. In the memo she penned on Wednesday, obtained by IDG News Service, Decker acknowledged that "there have been many changes at Yahoo over the last few months, and I know that change is not always easy." However, with the latest moves, she feels that the company now has "the right people in the right positions to focus on the right opportunities." Someone who will not be around much longer is Gregory Coleman, executive vice president of global sales, who, Decker announced, will exit the company in February. The new sales division, called Global Partner Solutions, will be led by Hilary Schneider and deal with all of the company's partners, including advertisers, agencies, resellers, publishers, ad networks and developers. "This new group will be charged with creating, delivering and coordinating global best practices for solutions to all of our partners," Decker wrote. "It will also have direct responsibility for our U.S. sales, marketing and business development efforts, including all ad formats, like search, display, video and mobile; all marketing activities; and all customers, including large enterprises and small businesses." "Global Partner Solutions will be responsible for segmenting the business needs of our partners into actionable groups, understanding the needs of these segments and our ability to meet these needs, developing holistic business strategies to delight and surprise these segments, and executing on these strategies," the memo reads. "This approach will help us achieve faster, smarter decision-making and improved execution in support of better serving our customers." Yahoo didn't immediately return calls seeking comment. Â
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(Rochester, NY) 10/04/04 -- Tom Golisano, the Rochester man who turned Paychex into the nation&#39;s largest payroll services provider, is stepping down as CEO from the company he founded.
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WebMethods Inc. said yesterday that its chief financial officer plans to step down at the end of December, adding to the list of leaders who have resigned from the Fairfax software company in the past two years.
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By Sara Kehaulani Goo, Washington Post Staff Writer  Four top executives at AOL abruptly announced their intentions to leave the company yesterday, just days before new chief executive Randy Falco is expected to announce a major restructuring at the top.
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Several senior executives at AOL have resigned since the hiring of a new chief executive at the Internet company owned by Time Warner.
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OAKLAND, Calif., May 30  /PRNewswire-FirstCall/ -- Ask.com(R), a wholly-owned business of IAC , today announced that Mark Stockford has joined as senior vice president of operations.
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AOL said yesterday that its chief financial officer, Stephen Swad, plans to leave the firm for a position at a private-equity firm.
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YAHOO co-founder Jerry Yang today took over as chief executive following the ousting of Terry Semel.   Semel quit last night after attracting increasing investor wrath as Yahoo lags behind arch-rival Google by almost all measures.
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Mitchell Baker has stepped down as the CEO of Mozilla Corporation, where she helped make the Firefox Web browser a potent rival to Microsoft&#39;s Internet Explorer.Baker is handing over the CEO job to John Lilly, Mozilla&#39;s chief operating officer, who becomes responsible for pushing out the updates to Firefox and Mozilla&#39;s Thunderbird e-mail software, the company announced Monday. Baker will retain her role as chairman and stay active within the group, she said.Baker has been with Mozilla since its inception. She was an attorney with Netscape Communications in the late 1990s when it created the Mozilla Organization, and she stayed with the group after AOL bought Netscape and helped to create the Mozilla Foundation in 2003.Since then the open-source browser has built a worldwide market share of about 15 percent, according to estimates, and as high as 30 percent in some European markets. Mozilla says it now has 125 million Firefox users worldwide.In a blog posting Monday, Baker said she&#39;d been thinking for some time about the best way to use her time and about which of her duties could be handled equally well by someone else. Those duties, it turns out, are the day to day management of Mozilla&#39;s software, while Baker sees a wider role for herself in improving the Web experience for end-users.&quot;I have a vision of the Internet and online life and a positive user experience -- and of Mozilla&#39;s role in creating these -- that is far broader than browsers, e-mail clients and even technology in general,&quot; she wrote.She said she&#39;ll focus on efforts to make the Web standards process more effective, make security &quot;understandable enough that people can protect themselves,&quot; and encourage more &quot;hybrid&quot; organizations like Mozilla -- &quot;organizations which serve the public benefit but support themselves through revenue rather than fund-raising.&quot;&quot;I want Mozilla&#39;s influence on the industry to go beyond the bits we ship as software. More particularly, I want to use the impact Firefox gives us in the market to get openness, collaboration and user control embedded in other products, services and aspects of online life,&quot; she wrote.Lilly, her replacement, will be focused on getting the next version of Mozilla&#39;s Web browser, Firefox 3, out of the door. He also wants to be more open about how Mozilla operates and how it will support itself in the future. &quot;I&#8217;d like us to start talking more in public about how the future looks for Mozilla,&quot; he wrote on his blog.Baker remains chairman of both the Mozilla Foundation, the non-profit side of the project, and the Mozilla Corporation, which was formed a few years ago to help raise funds and manage product releases.&quot;I&#39;ve been involved in shipping Mozilla products since the dawn of time, and have no intention of distancing myself from our products or [Mozilla Corporation,]&quot; Baker wrote.
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By Damon Darlin  Michael Dell has taken back the leadership of the computer company he founded, replacing Kevin Rollins after more than a year of mounting problems at Dell.  The company announced Wednesday that Rollins had resigned as chief executive and as a director.
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SAN FRANCISCO -- Yahoo Inc. will undergo its most extensive shake-up in more than five years, hoping to snap out of a malaise that has ravaged its stock and provoked one of its own top executives to bluntly question the Internet powerhouse's direction.
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Yahoo Inc.  on Tuesday announced a reorganization that marks Chief Financial Officer Susan Decker as a likely successor to the current CEO and simplifies the Internet media company's structure.
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The head of MicrosoftÂs division that makes specialized software for small and midsize businesses is stepping down.
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Meg Whitman, the chief executive of eBay for almost 10 years, is stepping down and will be replaced by John Donahoe, president of eBayâs marketplaces division.