Yahoo Loses Another Major Executive: Usama Fayyad Out

Despite the noise around the Yahoo/Google (GOOG) deal and the end of the Microsoft (MSFT) talks, attrition among Yahoo’s (YHOO) top executive ranks continues.

Another executive departure will be announced today at 2 p.m. PDT.

Dr. Usama Fayyad, Yahoo’s chief data officer and EVP of Research & Strategic Data Solutions, is leaving the company, a move that sources say was a long time coming.

Fayyad’s departure comes on the heels of Boomtown’s scoop that Jeff Weiner will be leaving Yahoo to become an entrepreneur in residence at both Accel Partners and Greylock Partners.

The story was first broken yesterday by Valleywag, which speculated Fayyad was on his way out.