updated 01:35 pm EDT, Tue April 10, 2012
Yahoo CEO Scott Thompson rearranges leadership
A message from Yahoo CEO Scott Thompson addressed to all employees has been leaked prior to an all-hands meeting later today. The e-mail, leaked to AllThingsD, details a restructuring of their leadership and from the start of May dividing Yahoo down to three groups: Consumer, Regions, and Technology.
Penny Baldwin will be temporarily filling the role of chief marketing officer while the search for a replacement continues. John Kremer will be in charge of a new transformation team to manage the restructuring of the company. Chief product officer Blake Irving will be leaving Yahoo in the next few weeks after having been at the company for two years.
The core Consumer group will be headed by Ross Levinsohn for their online media presence and Shashi Seth for connections and networking. The leader of the commerce teams is yet to be determined.
The Regions group, focusing on advertising, will also have three leaders: Rich Riley for the Americas, Rose Tsou for Asia-Pacific and Christophe Parcot will stand in for the moment managing Europe, the Middle East and Africa.
David Dibble and Mark Morrissey will manage the core platforms and central technology sections in the Technology group.
This marks the first major restructuring of Yahoo since Scott Thompson moved from PayPal to become CEO in January, Jerry Yang's departure, and four board members including the chairman stepping down in February.