Reports: Yahoo's executive exodus continues

Three more high-ranking officials leaving the embattled company

Yahoo continues to lose high-ranking officials, as more business and technology leaders give up and bail out of the company as its years-long corporate turmoil shows no sign of ending.

The latest departures are Qi Lu, Brad Garlinghouse and Vish Makhijani, according to various publications, including The New York Times, The Wall Street Journal's AllThingsD and TechCrunch, which got the information from anonymous sources.

Lu is executive vice president of the search and advertising technology group; Garlinghouse is senior vice president for communications and communities; and Makhijani is senior vice president for Yahoo's search group.

Lu has been with Yahoo since 1998 and heads the company's Web search efforts and monetization platforms, according to information still available on Yahoo's Web site.

In addition to his broad oversight of key Yahoo services, Garlinghouse is also known as the author of a scathing internal memo that came to light in November 2006. Known as the Peanut Butter Manifesto, the memo charges that the company lost its focus. Shortly after that memo got leaked to the press, Yahoo implemented one of several major reorganizations it has undergone in the past year and a half.

Yahoo declined to comment about the reported departures of Lu, Garlinghouse and Makhijani.

However, this week the company confirmed that Flickr founders Caterina Fake and Stewart Butterfield are leaving.

Fake and Butterfield, who are married to each other, came to Yahoo when the company acquired their photo-sharing site, Flickr, in March 2005.

Since then, both have been considered key contributors to various efforts at Yahoo to modernize the company's technology and bring it into the Web 2.0 era. Fake finished her Yahoo tenure last week and Butterfield wraps it up in July. Butterfield served as Flickr's general manager, while Fake was senior director of technology development.

Meanwhile, Jeff Weiner, executive vice president of Yahoo's Network Division, was appointed this week "executive in residence" at venture capital firms Accel Partners and Greylock Partners. He'll start there in September.

Chief Data Officer and Executive Vice President of Research & Strategic Data Solutions Usama Fayyad will end his Yahoo tenure in September.

Earlier this year, as Yahoo axed 1,000 jobs, another well-known figure within the company, Bradley Horowitz, vice president of product strategy, decided to leave and take a job with Google.

Yahoo has been trying to shake off a financial and technological funk in recent years and has undergone several major restructurings in the past 18 months.

It is now the target of shareholder anger over its perceived mishandling of Microsoft's unsolicited acquisition bid, which collapsed.

Investor Carl Icahn has nominated a slate of candidates to oust the current board at the next shareholders meeting, scheduled for Aug. 1. And shareholders are suing Yahoo, alleging that its leaders sabotaged Microsoft's acquisition bid in order to protect their own interests at the expense of their fiduciary duty to shareholders.

Join the newsletter!

Error: Please check your email address.
Rocket to Success - Your 10 Tips for Smarter ERP System Selection
Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Juan Carlos Perez

Show Comments

Brand Post

Most Popular Reviews

Latest Articles


PCW Evaluation Team

Andrew Teoh

Brother MFC-L9570CDW Multifunction Printer

Touch screen visibility and operation was great and easy to navigate. Each menu and sub-menu was in an understandable order and category

Louise Coady

Brother MFC-L9570CDW Multifunction Printer

The printer was convenient, produced clear and vibrant images and was very easy to use

Edwina Hargreaves

WD My Cloud Home

I would recommend this device for families and small businesses who want one safe place to store all their important digital content and a way to easily share it with friends, family, business partners, or customers.

Walid Mikhael

Brother QL-820NWB Professional Label Printer

It’s easy to set up, it’s compact and quiet when printing and to top if off, the print quality is excellent. This is hands down the best printer I’ve used for printing labels.

Ben Ramsden

Sharp PN-40TC1 Huddle Board

Brainstorming, innovation, problem solving, and negotiation have all become much more productive and valuable if people can easily collaborate in real time with minimal friction.

Sarah Ieroianni

Brother QL-820NWB Professional Label Printer

The print quality also does not disappoint, it’s clear, bold, doesn’t smudge and the text is perfectly sized.

Featured Content

Product Launch Showcase

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?