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	<title>AllThingsD &#187; reorg</title>
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		<title>Stern Named Head of New Strategery Role at Yahoo</title>
		<link>http://allthingsd.com/20120509/stern-named-head-of-new-strategery-role-at-yahoo/</link>
		<comments>http://allthingsd.com/20120509/stern-named-head-of-new-strategery-role-at-yahoo/#comments</comments>
		<pubDate>Wed, 09 May 2012 23:41:50 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[General]]></category>
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		<guid isPermaLink="false">http://allthingsd.com/?p=206367</guid>
		<description><![CDATA[The man who has been the Swiss Army Knife of Yahoo will be key strategy guy for Thompson, who clearly wants to do a lot of strategizing.]]></description>
			<content:encoded><![CDATA[<p><a href="http://allthingsd.com/20120509/stern-named-head-of-new-strategery-role-at-yahoo/raymondstern/" rel="attachment wp-att-206371"><img src="http://allthingsd.com/files/2012/05/raymondstern.jpeg" alt="" title="raymondstern" width="175" height="175" class="alignright size-full wp-image-206371" /></a></p>
<p>Longtime Yahoo exec Raymond Stern (pictured here) &#8212; who seems to have fit into a lot of management reorgs in his short time at the Silicon Valley Internet giant &#8212; has been named to a new role at the company as SVP of strategy, corporate development and new ventures.</p>
<p>He&#8217;ll be reporting to CEO Scott Thompson, according to an internal memo I got sent by the people who send me internal memos from Yahoo. (A group, I might add, that is getting bigger by the day.)</p>
<p>When he <a href="http://allthingsd.com/20091216/yahoo-hires-stern-for-senior-partnership-and-biz-dev-post/">got to Yahoo in late 2009</a>, Stern had first been named SVP of North America partnerships and business development for Yahoo. He later had to also pinch-hit as its <a href="http://allthingsd.com/20100930/yahoo-confirms-exec-departures-the-internal-memo-from-the-foxhole/">head of U.S. audience, mobile and local</a>, after an exec left, before being named <a href="http://allthingsd.com/20101004/no-massive-reorg-at-yahoo-but-more-exec-departures-plus-the-schneider-goodbye-letter/">SVP of North America audience</a>. Then, after another exec took over the audience job, he was <a href="http://allthingsd.com/20110110/mickie-rosen-to-join-yahoo-as-audience-head/">back to business development and partnerships and also added the listings business</a> to his portfolio. Then, Stern got <a href="http://allthingsd.com/20110128/exclusive-yahoo-mobile-vp-michael-shim-headed-to-groupon/">mobile biz dev</a> back, after another exec left.</p>
<p>Now, the man who has been the Swiss Army Knife of Yahoo will be the key strategy guy for Thompson, who clearly wants to do a lot of strategizing.</p>
<p>Interesting note: Stern was a former consultant to Boston Consulting Group, which is Thompson&#8217;s go-to outside team on his ongoing restructuring of the company. He is also a former Intuit exec.</p>
<p>As per usual, here is the internal memo on Stern&#8217;s appointment from Thompson, who is dealing with some <a href="http://allthingsd.com/20120509/technations-gunn-says-she-and-yahoo-ceo-talked-about-their-cs-degrees-before-2009-show-video-and-audio/">other very thorny issues</a> right now too:</p>
<blockquote class="memo"><p>Yahoos &#8211;</p>
<p>Over the last few months, you&#8217;ve heard me talk a lot about focusing our company around our core business. As part of this, we need to find new ways to strengthen, leverage, and monetize our core assets &#8212; all in conjunction with our long-term strategy focused on driving growth. To help tackle this challenge, I&#8217;m excited to announce that Raymond Stern will take on a new role at Yahoo! as senior vice president of strategy, corporate development, and new ventures, reporting to me.  </p>
<p>For those of you who haven&#8217;t had the chance to meet Raymond over the last two and half years here at Yahoo!, he previously oversaw distribution partnerships and business development, as well as our Latin American, Canadian, and small business teams. Earlier in his career, he spent 10 years at the Boston Consulting Group, and later had various roles at Intuit including leading strategy and corporate development during a transformational period in the late 90s through the mid 2000s.  </p>
<p>In his new role, Raymond will work across the teams to ensure alignment and that we are taking advantage of opportunities around the globe.   He will lead three critical areas for us:</p>
<p><strong>Strategy:</strong> Raymond will lead corporate strategy, working in close partnership with the senior leadership team and me. </p>
<p><strong>Corporate Development:</strong> Raymond will work with the team to find opportunities to accelerate our progress and growth through acquisitions, investments and strategic partnerships. In conjunction with this, Marcus Shen and his group will be renamed corporate M&#038;A, and will continue to be the transactional execution arm supporting Yahoo!&#8217;s corporate development initiatives.</p>
<p><strong>New Ventures:</strong> Raymond will look at emerging areas outside of what’s happening in the halls of Yahoo! and bring new innovative and disruptive ideas to the forefront.</p>
<p>In the coming weeks, you&#8217;ll hear more from Raymond as he works with the leadership team to align our corporate priorities and long-term strategy. </p>
<p>Please join me in welcoming Raymond to this important new role.</p>
<p>/signed<br />
/Scott Thompson</p></blockquote>
<p>And here&#8217;s to your new job, Raymond:</p>
<p><iframe width="640" height="480" src="http://www.youtube.com/embed/ptAoJedxFzU?rel=0" frameborder="0" allowfullscreen></iframe></p>
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		<title>It's Official: Yahoo Reorgs Itself Just Like We Said (Memo Time!)</title>
		<link>http://allthingsd.com/20120410/its-official-yahoo-reorgs-itself-just-like-we-said-memo-time/</link>
		<comments>http://allthingsd.com/20120410/its-official-yahoo-reorgs-itself-just-like-we-said-memo-time/#comments</comments>
		<pubDate>Tue, 10 Apr 2012 15:11:03 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[Commerce]]></category>
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		<guid isPermaLink="false">http://allthingsd.com/?p=194913</guid>
		<description><![CDATA[Yahoo CEO Scott Thompson just sent this note to Yahoo employees, about a new leadership organization for the company.]]></description>
			<content:encoded><![CDATA[<p><a href="http://allthingsd.com/20120410/its-official-yahoo-reorgs-itself-just-like-we-said-memo-time/puzzle-pieces-2/" rel="attachment wp-att-194928"><img src="http://allthingsd.com/files/2012/04/puzzle-pieces-2-352x285.jpg" alt="" title="puzzle-pieces-2" width="352" height="285" class="alignright size-medium wp-image-194928" /></a></p>
<p>Yahoo CEO Scott Thompson just sent this email to Yahoo employees, about a new leadership organization for the company.</p>
<p>&#8220;It&#8217;s time for Yahoo! to move forward, and fast,&#8221; wrote Thompson (using punctuation I <em>really</em> like, with nice comma deployment). &#8220;And as we do, I want every one of us to keep one thing top of mind: what we do is about our customers, not about us.&#8221;</p>
<p>The core groups will essentially be media, connections and commerce, led by Ross Levinsohn, Shashi Seth and person to be determined (but I hear it is newly departed PayPal exec <a href="http://allthingsd.com/20120409/exclusive-paypals-vp-of-product-sam-shrauger-resigns-memo/">Sam Shraugher</a>). </p>
<p>And, as previously reported here: Sales is off by itself, split into regions; ad technology is off to the side, pending sale; corporate and operations remain the same; and the central product organization is blown up and moves back into the units.</p>
<p>I&#8217;d go into more deets, but it is all below and tracks on numerous reports I have done, including <a href="http://allthingsd.com/20120410/yahoo-preps-its-new-structure-down-to-the-wire-set-to-be-unveiled-to-staff-at-all-hands-meeting-this-morning/">this morning</a>. </p>
<p>But please enjoy the memo, which Yahoos will be chewing over at an all-hands meeting later this morning:</p>
<blockquote class="memo"><p>Yahoos –</p>
<p>It’s time for Yahoo! to move forward, and fast. And as we do, I want every one of us to keep one thing top of mind: what we do is about our customers, not about us. For Yahoo! to win in our core business, every one of us must put our customers first. Specifically, we must focus all we do on the users who trust us to give them personalized content and communications, and the advertisers who want to connect with our users. To be very clear, our highest priority is winning in our core business and that will earn us the right to pursue new growth opportunities.</p>
<p>To accomplish that we’re establishing a new leadership structure, organizing all of our activities around Yahoo!’s customers. Effective May 1, Yahoo! will operate in three groups &#8212; Consumer, Regions and Technology &#8212; all supported by our established Corporate teams. Each of the three groups will be charged with delivering the best customer experiences and have very clear accountability for getting results.</p>
<p>Our new Consumer group will be all about creating great, engaging user experiences.  Our geographic Regions will serve our advertisers and agencies and be accountable for all Yahoo! revenue. Our Technology teams will provide the advanced infrastructure, technology and science to enable our Consumer group and the Regions to deliver our best products and experiences into market, at scale, and fast.</p>
<p><strong>Consumer</strong></p>
<p>Our success is determined by how well we engage consumers and give them fun and informative experiences that they feel were designed just for them, on all screens. Our Consumer group will include three units &#8212; Media, Connections, and Commerce &#8212; and each will provide users the uniquely relevant and personalized content and services they expect and deserve, leveraging Yahoo!&#8217;s vast consumer interest data. We will redouble our focus on Yahoo!&#8217;s competitive advantage &#8212; our core, owned and operated (O&#038;O) consumer properties. And importantly, we are bringing dedicated product engineering resources into each unit, much closer to our users.</p>
<p>• <strong>Media</strong> Our online media presence has long been our company&#8217;s clearest competitive advantage. Our Media group, led by Ross Levinsohn, will include all our media businesses globally with our marquee properties at the forefront: Homepage, News, Finance, Sports, and Entertainment. We will bring top design and engineering talent and differentiated technology &#8212; like Yahoo!&#8217;s Publishing Platform (YPP) &#8212; into close partnership with content producers and editors. Ross and his team will continue to drive real differentiation into our leading media experiences, including everything from our original coverage of breaking news events to tentpole events like the Royal Wedding and the upcoming Olympics and US Elections.</p>
<p>• <strong>Connections</strong> will be led by Shashi Seth, and include consumer businesses that connect and inform our users including Search, Communications and Social properties such as Mail, Messenger, Flickr, Answers, and more. The highest priority for Shashi and his team will be to think well beyond how users search, communicate and share online today. The Connections team is charged with fundamentally re-imagining how we design and deliver the next generation of these foundational Yahoo! experiences.</p>
<p>• <strong>Commerce</strong> We will renew our focus on commerce, and I expect this newly created team to play a critical role in Yahoo!’s future growth. Our Commerce teams will build on Yahoo!&#8217;s massive reach and strong consumer relationships, but their charter will go beyond traditional ecommerce. The focus of this team will be driving higher ROI for advertisers and agencies that reach users on Yahoo! by closing the loop for them between user interests, advertiser spend, consumer intent, and purchase behavior. The foundation of the new Commerce group will be Autos, Shopping, Travel, Jobs, Personals and Real Estate. We expect to name the leadership of this business unit shortly.</p>
<p><strong>Regions</strong></p>
<p>Advertisers and agencies are the primary customers and focus for each of our three regions. Our regional sales teams will be the advocate and voice for our advertising customers: listening to them and driving their needs into the products we develop. Regional sales must bring urgency and tenacious sales execution to all we do for advertisers. In addition, these teams will leverage our unique and vast data resources to position Yahoo! as the place to connect with users and generate the best, measurable ROI on their ad spend.</p>
<p>• <strong>Americas</strong> will be led by Rich Riley, who led the team responsible for extraordinary strides in EMEA in recent years putting the region on a path of consistent engagement and revenue growth, as well as meaningful market share and profit gains. Rich will be moving from Europe to our New York office soon.</p>
<p>• <strong>APAC</strong>, which includes many of our fastest-growing countries and strongest consumer products, will continue under the exceptional leadership of Rose Tsou.<br />
• <strong>EMEA</strong> will be led on an interim basis by Christophe Parcot, EMEA&#8217;s regional sales leader, as we commence the search for a new leader for the region.</p>
<p>Americas, EMEA, and APAC will be fully accountable for Yahoo!&#8217;s revenue in their respective regions. I expect our Regional leaders and teams to work in very close collaboration with Ross and our other Consumer group leaders to fully align their goals for revenue and engagement as well as their execution, keeping our users and advertisers top of mind.</p>
<p><strong>Technology</strong></p>
<p>Our Consumer group and the Regions will continue to be supported by some of the most talented technology professionals in the industry, providing the advanced platforms and technology that allow Yahoo! to deliver great customer products.</p>
<p>• <strong>Core Platforms</strong>, led by Mark Morrissey, will provide the foundational platforms, technology, and research to enable great customer products and leverage Yahoo!&#8217;s vast data stores to enable deep personalization and optimized monetization. Mark’s teams will lead Apt, RMX, User Data &#038; Analytics, our content optimization relevance engine (CORE), Yahoo! Labs and other key technology functions.</p>
<p>• <strong>Central Technology</strong> will continue to be led by David Dibble and include our data center and service engineering efforts, as well as our cloud infrastructure teams.</p>
<p>Yahoo! has made real progress in building modern, scalable platforms and infrastructure, but to move at the rapid pace our customers and our industry require we need more than scalable technology. This is among the most important changes we&#8217;re making: we must bring some of our best product designers and engineers much, much closer to consumer needs and demands. Many of our top engineers will continue building on our foundation platforms and technology to continue to drive speed and scale. But to ensure we really know and can serve our customers, we&#8217;ll also deploy top design and engineering talent into our Consumer business units, directly supporting our users&#8217; favorite Yahoo! products to ensure we move much faster and meet customer needs with every product we deliver.</p>
<p><strong>Corporate</strong></p>
<p>Our major corporate functions will continue to support these new groups.  Finance, Legal, and HR will remain under the strong leadership of CFO Tim Morse, General Counsel Mike Callahan, and Chief HR Officer David Windley, respectively. As we search for a Chief Marketing Officer, Penny Baldwin will serve as interim leader for the Corporate Marketing and Communications teams. John Kremer will lead a newly-created Transformation team that will ensure full implementation of and accountability for our restructuring and related organizational changes.</p>
<p>Chief Product Officer Blake Irving has decided to leave Yahoo! and will work closely with the new leaders over the next several weeks to ensure a smooth transition. He has made a tremendous contribution to the advancement of Yahoo!&#8217;s product strategy and execution over the last two years and I know you will join me in wishing him all the best in the future.</p>
<p>You will hear more from our business leaders about their plans to move each of these groups forward in the coming days and weeks. As we look to Yahoo!’s future, all of us must remember to always keep our customers first in everything we do. Ultimately, only our customers will decide whether we win or lose in the market.</p>
<p>I look forward to speaking with you at our All Hands Tuesday. If you have questions before we meet, please check Backyard for information and answers. If you don&#8217;t see the answers you need, please post questions on Backyard, or you may email questions directly to the leadership team.</p>
<p>Scott</p></blockquote>
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		<title>Investors Punish Hewlett-Packard Over Shake-Up</title>
		<link>http://allthingsd.com/20120321/investors-punish-hewlett-packard-over-shakeup/</link>
		<comments>http://allthingsd.com/20120321/investors-punish-hewlett-packard-over-shakeup/#comments</comments>
		<pubDate>Wed, 21 Mar 2012 21:50:32 +0000</pubDate>
		<dc:creator>Arik Hesseldahl</dc:creator>
				<category><![CDATA[Enterprise]]></category>
		<category><![CDATA[Carly Fiorina]]></category>
		<category><![CDATA[Hewlett-Packard]]></category>
		<category><![CDATA[HP]]></category>
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		<category><![CDATA[Mark Hurd]]></category>
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		<guid isPermaLink="false">http://allthingsd.com/?p=188910</guid>
		<description><![CDATA[Investors and analysts pass judgement on HP's reorganization: They don't like it.]]></description>
			<content:encoded><![CDATA[<p><a href="http://allthingsd.com/20110930/j-p-morgan-on-kindle-fire-meh/thumbs_down_380x285/" rel="attachment wp-att-126823"><img src="http://allthingsd.com/files/2011/09/thumbs_down_380x285.png" alt="" title="thumbs_down_380x285" width="380" height="285" class="alignright size-full wp-image-126823" /></a>Shares in Hewlett-Packard fell more than two percent in the wake of a sweeping reorganization that re-combined its market-leading printer and PC business units into a single business group.</p>
<p>HP Shares closed down 52 cents to $23.46 a share, representing a drop of 2.17 percent in the wake of the official announcement of the plan, which <strong>AllThingsD</strong> <a href="http://allthingsd.com/20120320/exclusive-hewlett-packard-to-combine-printer-and-pc-groups/">reported yesterday</a>.</p>
<p>While, on its face, the combination of the PC and printer groups into a single operation would save some operational costs, investors seem unconvinced that the move will make a sufficient difference to get the company moving in the right direction as CEO Meg Whitman has promised to do, though she&#8217;s conceded the turnaround will likely take years.</p>
<p>At least one analyst summed up the negative sentiment around the reorg. Rob Cihra of Evercore Partners called the move &#8220;uninspiring&#8221; and reminded everyone that HP made a similar move under former CEO Carly Fiorina back in early 2005 toward the end of her tenure. Her successor, Mark Hurd, broke the groups apart again before the year was out.</p>
<p>One thing Cihra appreciates is that Whitman is willing to admit where the troubles are: An over-levered balance sheet and a printing business that is suffering through a fundamental &#8212; not a seasonal &#8212; decline, among other problems. But, he writes in a research note issued to clients today, admitting the problem is only the first step. &#8220;It is encouraging for new CEO Meg Whitman to have started admitting issues others wouldn’t &#8230; Our concern is that any fixes look far from easy and likely involve a marathon, while &#8216;reorgs&#8217; don’t even get HP to the starting line, in our view,&#8221; he wrote. Given the drop in HP&#8217;s share price, investors, for now, seem to agree. </p>
<p>In fairness to Whitman, she&#8217;s only six months into the job, and today&#8217;s move is only a first step. But the first step is pretty much an admission that a bigger change is on the way, including job cuts. &#8220;Everything is on the table,&#8221; <a href="http://blogs.wsj.com/digits/2012/03/21/meg-whitman-h-p-reorg-first-step-towards-greater-efficiency/?mod=WSJBlog&#038;mod=">Whitman told The Wall Street Journal</a> today, though she declined to speculate on the number of jobs that might be eliminated. It&#8217;s going to be a rocky year at HP.</p>
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		<title>Yahoo Product Unit Readies Major Exec Reorg -- But It's Just a Tremor for the Big One to Come</title>
		<link>http://allthingsd.com/20120212/yahoo-product-unit-readies-major-exec-reorg-but-its-just-a-tremor-for-the-big-one-to-come/</link>
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		<pubDate>Mon, 13 Feb 2012 00:14:14 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
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		<category><![CDATA[Yahoo Japan]]></category>

		<guid isPermaLink="false">http://allthingsd.com/?p=173742</guid>
		<description><![CDATA[More musical chairs on the deck of the S.S. Yahoo!]]></description>
			<content:encoded><![CDATA[<p><a href="http://allthingsd.com/20120212/yahoo-product-unit-readies-major-exec-reorg-but-its-just-a-tremor-for-the-big-one-to-come/b1cdc5d8-9e86-4b6e-92bc-912c8eaed91b-2/" rel="attachment wp-att-173751"><img src="http://allthingsd.com/files/2012/02/b1cdc5d8-9e86-4b6e-92bc-912c8eaed91b-285x285.png" alt="" title="b1cdc5d8-9e86-4b6e-92bc-912c8eaed91b" width="285" height="285" class="alignright size-medium wp-image-173751" /></a></p>
<p>Yahoo&#8217;s massive product unit is readying a major reorganization, which will include a new structure, a move that is being spearheaded by its Chief Product Officer, Blake Irving.</p>
<p>But the ground under Irving, as well as several of the Silicon Valley Internet giant&#8217;s top execs, is about to get shakier too, due to a wide range of changes now being plotted by newly installed CEO Scott Thompson.</p>
<p>While still in the early stages of formulation, sources said Thompson has been mulling bringing in a head of global advertising sales or revenue chief, as well as more top product execs, as he moves to initiate a plan to shake up Yahoo and also put his own stamp on the company.</p>
<p>Layoffs and possible wholesale abandonment of certain businesses Yahoo is currently in are likely to be parts of this larger plan.</p>
<p>Confused yet? So am I, but let&#8217;s sort through all the latest activity.</p>
<p>First, there&#8217;s the Yahoo product redo, which has been in the making for a while, well before Thompson arrived last month. </p>
<p>Under the new plan, which is described as &#8220;an evolution rather than blowing up the place,&#8221; Yahoo&#8217;s famously matrixed product unit could be split into three distinct areas: Monetization, which is expected to be headed by longtime exec Mark Morrissey; platform, with cloud dude Jay Rossiter in charge; and consumer-facing products, possibly in the hands of search kingpin Shashi Seth.</p>
<p>The idea behind the latest setup, presumably, is to spur innovation and make it easier for Yahoo to spit out products more quickly. Its recent Livestand tablet app, for example, was late to the game and continues to struggle to gain any real ground, said sources.</p>
<p>Overall, Yahoo still continues to lag behind other Internet rivals in a number of product arenas, for reasons that Thompson is delving into.</p>
<p>The way products are made got a long look-see this past week, in a day-long meeting that Thompson had with Yahoo&#8217;s top team execs. Thompson reportedly quizzed the group on its plans, and pressed it to look less at short-term features and maintenance than on finding the next great thing.</p>
<p>&#8220;I think it&#8217;s fair to say that Scott is wondering why Yahoo did not come up with innovations like Pinterest and Instagram,&#8221; said one person about hot new start-ups that are in the sweet spot of Yahoo&#8217;s business. &#8220;Or, at the very least, why it did not even try to buy them.&#8221;</p>
<p><a href="http://allthingsd.com/20120212/yahoo-product-unit-readies-major-exec-reorg-but-its-just-a-tremor-for-the-big-one-to-come/470px-japanese_road_sign_way_narrowssvg/" rel="attachment wp-att-173775"><img src="http://allthingsd.com/files/2012/02/470px-japanese_road_sign_way_narrowssvg-285x285.png" alt="" title="470px-japanese_road_sign_way_narrowssvg" width="285" height="285" class="alignleft size-medium wp-image-173775" /></a></p>
<p>That&#8217;s why Thompson, with the help of board members, including David Kenny, has been on the hunt for new talent for Yahoo. That includes a search that is on for a new head of marketing, too. </p>
<p>Thompson has been doing the same kind of assessment with Yahoo&#8217;s media and advertising execs, who include Americas head Ross Levinsohn, as well as Asia&#8217;s Rose Tsou, and Rich Riley, who heads its efforts in Europe, Africa and the Middle East.</p>
<p>Sources said he believes that Yahoo might need a head of global sales or a chief of revenue to better organize and align its key advertising business. Ad revenues now make up a bulk of Yahoo&#8217;s business.</p>
<p>As Thompson has said numerous times publicly since he came on board, he is seeking to diversify that revenue, focusing on new businesses and also goosing non-ad ones already performing well. In Asia, for example, Yahoo has a robust online commerce business in comparison to other regions. </p>
<p>&#8220;Yahoo has to slim down and focus in some ways and bulk up in others,&#8221; said another source.</p>
<p>Of course, all of this might be moot, depending on how <a href="http://allthingsd.com/20120209/ready-to-rumble-or-make-nice-activist-shareholder-daniel-loeb-could-strike-sooner-than-yahoo-thinks/">activist shareholder Daniel Loeb</a>, who is prepping his own frontal attack on making changes at Yahoo, decides to move. According to sources, Loeb is assembling his own slate and trying to garner support from other shareholders, in hopes of further improving the value of his more than five percent stake.</p>
<p>What form that will take is unclear, but it&#8217;s not completely friendly at the moment.</p>
<p>In addition, Yahoo execs and its board are trying to wrap up a deal to sell off parts of its Asian assets in Alibaba Group and Yahoo Japan, part of a massive arrangement that could bring many billions of dollars of assets and cash into the core company that is left. </p>
<p>Which could then make Yahoo more able to compete, and give Thompson a war chest to do so &#8212; <em>or</em> make it an even tastier treat for a wide range of outside investors looking for a deal.</p>
<p>Like I said: Confused yet?</p>
<p>A Yahoo spokeswoman declined to comment.</p>
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		<title>Yahoo Reorgs U.S. Ad Sales After Talent Departure (Internal Memo, Natch!)</title>
		<link>http://allthingsd.com/20120120/yahoo-reorgs-u-s-ad-sales-after-talent-departure-internal-memo-natch/</link>
		<comments>http://allthingsd.com/20120120/yahoo-reorgs-u-s-ad-sales-after-talent-departure-internal-memo-natch/#comments</comments>
		<pubDate>Fri, 20 Jan 2012 21:15:56 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[Media]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[advertising]]></category>
		<category><![CDATA[Amazon]]></category>
		<category><![CDATA[image]]></category>
		<category><![CDATA[Industry Moves]]></category>
		<category><![CDATA[LOLcat]]></category>
		<category><![CDATA[Marc Grabowski]]></category>
		<category><![CDATA[Mark Ellis]]></category>
		<category><![CDATA[memo]]></category>
		<category><![CDATA[Michael Katz]]></category>
		<category><![CDATA[North America]]></category>
		<category><![CDATA[Peter Foster]]></category>
		<category><![CDATA[reorg]]></category>
		<category><![CDATA[reorganization]]></category>
		<category><![CDATA[sales]]></category>
		<category><![CDATA[Seth Dallaire]]></category>
		<category><![CDATA[U.S.]]></category>
		<category><![CDATA[Wayne Powers]]></category>
		<category><![CDATA[Yahoo]]></category>

		<guid isPermaLink="false">http://allthingsd.com/?p=166041</guid>
		<description><![CDATA[I love the smell of reorg in the morning!]]></description>
			<content:encoded><![CDATA[<p><a href="http://allthingsd.com/20120120/yahoo-reorgs-u-s-ad-sales-after-talent-departure-internal-memo-natch/b1cdc5d8-9e86-4b6e-92bc-912c8eaed91b/" rel="attachment wp-att-166047"><img src="http://allthingsd.com/files/2012/01/b1cdc5d8-9e86-4b6e-92bc-912c8eaed91b-285x285.png" alt="" title="b1cdc5d8-9e86-4b6e-92bc-912c8eaed91b" width="285" height="285" class="alignright size-medium wp-image-166047" /></a></p>
<p>After the departure of top Yahoo advertising sales exec Seth Dallaire, who <a href="http://allthingsd.com/20120118/yahoo-loses-top-sales-exec-to-amazon/">decamped to Amazon</a> this week, Yahoo did a little reorganization of its U.S. sales team.</p>
<p>(I promise to stop with the LOLcat images after this one for a while, but it is <em>purrfect</em>.)</p>
<p>Rather than go into the deets, you can just read the internal memo on it from Wayne Powers, SVP of advertising sales for North America:</p>
<blockquote class="memo"><p>Team:</p>
<p>These first few weeks of the year have been a phenomenal showing of Yahoo! pride and a clear display of the opportunities we&#8217;re poised to capitalize on this year. </p>
<p>In discussions with executives from our 100+ meetings with some of our largest advertisers, agencies, and holding companies at CES, it&#8217;s clear we&#8217;re changing the dialogue by having a consistent go-to-market strategy: Premium Content Experiences, at Scale, Across Screens; by listening to and engaging with our clients in meaningful ways; and by focusing on digital media and innovation. We were given the top performance rating by one of our Global Agency partners &#8212; out of the five media publishers they met with, we were ranked number one based on our continued commitment to providing clarity and consistency in strategy and to strengthening our partnership. Great work everyone!</p>
<p>With that context, there are some changes that I want to announce effective today. Seth Dallaire is leaving Yahoo! to run North American Sales at Amazon. While it&#8217;s never easy losing great people, we’re fortunate that he has a very talented team that will carry on the focus and momentum. Please join me in wishing him continued success!</p>
<p>As part of this transition, Mark Ellis will expand his role to take on leadership of the Global Agency and Client Partnership teams. He will continue to lead North American Field Sales.</p>
<p>I&#8217;m excited to announce that Peter Foster will to take on leadership duties and will serve as the lead for our partnership with AOL and Microsoft, Interclick, mid-market display, mid-market acquisition sales, and the Channel Reseller team, reporting to me. Peter joined us as part of the acquisition of 5:1 where he served as Chief Revenue Officer, and has a long career in the industry. He previously was SVP sales at ValueClick/Fastclick, one of the biggest ad networks in the world, oversaw revenue at Photobucket after it was acquired by News Corporation, was an early pioneer in the monetization space at L90, and held senior revenue posts at Kosmix and Hi5.</p>
<p>I&#8217;m also excited to announce that Marc Grabowski will take on an expanded role and now will head the combined Interclick and mid market sales teams. As part of this new team, Michael Katz, the CEO of Interclick, will lead all sales operations and data and performance optimization for the combined teams. Both Marc and Michael will report to Peter. </p>
<p>We are fortunate to have such a talented team here at Yahoo!. Ross and I are confident that Peter, Mark, and Michael will lead our efforts to change the conversation in this space and industry. </p>
<p>I want to thank everyone for their continued hard work and dedication. We have a great team and a lot to be excited about. We continue to hear feedback from the agencies and clients about our progress, so let’s keep up the focus and energy and deliver on our goals! Please let me or your managers know if you have any questions.</p>
<p>&#8211;Wayne</p></blockquote>
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		<title>The Furious Five of Facebook? Meet Its New Product Princes and Their Domains.</title>
		<link>http://allthingsd.com/20111209/the-furious-five-of-facebook-meet-its-new-product-princes-and-their-domains/</link>
		<comments>http://allthingsd.com/20111209/the-furious-five-of-facebook-meet-its-new-product-princes-and-their-domains/#comments</comments>
		<pubDate>Fri, 09 Dec 2011 20:38:42 +0000</pubDate>
		<dc:creator>Liz Gannes and Kara Swisher</dc:creator>
				<category><![CDATA[Media]]></category>
		<category><![CDATA[Mobile]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Social]]></category>
		<category><![CDATA[Bret Taylor]]></category>
		<category><![CDATA[Chris Cox]]></category>
		<category><![CDATA[Facebook]]></category>
		<category><![CDATA[featured post]]></category>
		<category><![CDATA[Greg Badros]]></category>
		<category><![CDATA[Mark Zuckerberg]]></category>
		<category><![CDATA[Mike Schroepfer]]></category>
		<category><![CDATA[reorg]]></category>
		<category><![CDATA[Sam Lessin]]></category>

		<guid isPermaLink="false">http://allthingsd.com/?p=151966</guid>
		<description><![CDATA[Product is power at the social networking giant -- so here's who has it and here's what they rule over.]]></description>
			<content:encoded><![CDATA[<p><a href="http://allthingsd.com/20111209/the-furious-five-of-facebook-meet-its-new-product-princes-and-their-domains/kung-fu-panda-furious-five-display-their-skills/" rel="attachment wp-att-152209"><img class="alignright size-medium wp-image-152209" title="Kung-Fu-Panda-Furious-Five-display-their-Skills" src="http://allthingsd.com/files/2011/12/Kung-Fu-Panda-Furious-Five-display-their-Skills-380x285.png" alt="" width="380" height="285" /></a></p>
<p>Facebook confirmed <a href="http://allthingsd.com/20111207/exclusive-facebook-reorganizes-around-key-products-to-be-more-nimble/">our report</a> that it has reorganized its technical teams around key product areas, naming Bret Taylor, Chris Cox, Greg Badros, Mike Schroepfer and Sam Lessin as leaders of product groups reporting to CEO Mark Zuckerberg.</p>
<p>So who are these newly elevated execs and what are the details of their new roles?</p>
<p>Sources said the company is still figuring out what to officially do about shuffling the five mens&#8217; titles. Currently, its public-facing <a href="https://www.facebook.com/press/info.php?execbios">management page</a> remains unchanged and a press release is nowhere to be found.</p>
<p>Facebook seems to be trying to get the most out of every last second it has as a private company, not revealing important bits of information. That includes which person is assigned to which product area, and even what those product areas are.</p>
<p>If Facebook PR wants to get all cryptic about it, that won&#8217;t stop <strong>AllThingsD.com</strong>! (We&#8217;re like the War Operations Plan Response (W.O.P.R.) computer in &#8220;WarGames&#8221; &#8212; soon we&#8217;ll have all the launch code numbers and let loose the missiles.)</p>
<p>Before that, the first and most important thing to remember is that CEO and co-founder Mark Zuckerberg remains the king of product power at Facebook. It all rolls up to him, seated at the dead center around which all these new spokes turn.</p>
<p>Of the new arrangement, what&#8217;s also key to keep in mind, as one source aptly describes it, is that this is a &#8221;verticalization&#8221; of Facebook, which had largely been horizontal before, with top execs covering a wider range of areas.</p>
<p><a href="http://allthingsd.com/20111209/the-furious-five-of-facebook-meet-its-new-product-princes-and-their-domains/aimgt110/" rel="attachment wp-att-152221"><img class="alignleft size-medium wp-image-152221" title="AIMGT110" src="http://allthingsd.com/files/2011/12/AIMGT110-300x285.png" alt="" width="300" height="285" /></a></p>
<p>Now, it is more siloed and &#8212; presumably &#8212; more nimble, with more powerful lords of product areas in charge.</p>
<p>That&#8217;s a lot like the <a href="http://allthingsd.com/20110407/the-larry-page-reorg-top-lieutenants-promoted-to-svp/">management rejiggering</a> Google has done recently under its aggressive new CEO and co-founder Larry Page, although Facebook&#8217;s slicing and dicing seems to be more a matter of addressing internal growth and making the organization more functional.</p>
<p>Here&#8217;s the rundown that we have pieced together so far:</p>
<p>Privacy and Identity &#8212; a critical area for Facebook, since it seems to have an ongoing issue with it (or lack thereof) &#8212; will go to Lessin.</p>
<p>Communications and Apps &#8212; the real guts of the product &#8212; will get the leadership of Cox.</p>
<p>Infrastructure &#8212; the nuts and bolts of keeping the global megopolis of Facebook humming &#8212; will be the purview of Schroepfer.</p>
<p>Mobile and Platform &#8212; the big forward-looking areas &#8212; will be run by Taylor.</p>
<p>And Monetization &#8212; which includes advertising products and will pay for this whole shebang &#8212; will come under the sway of Badros.</p>
<p>But, until all is revealed by the social networking giant, here are some details of the newly named product potentates of Facebook &#8212; all men, it should be noted &#8212; you might want to know about:</p>
<p><a href="http://allthingsd.com/files/2011/10/BretTaylor.png"><img class="alignright size-full wp-image-130737" title="BretTaylor" src="http://allthingsd.com/files/2011/10/BretTaylor.png" alt="" width="133" height="200" /></a></p>
<p><strong>Bret Taylor</strong>: As was previously reported here, Taylor is currently <a href="http://allthingsd.com/20111121/the-facebook-phone-its-finally-real-and-its-name-is-buffy/">leading Facebook&#8217;s &#8220;Buffy&#8221; phone project</a>, which is its HTML5-oriented smartphone effort.</p>
<p>Taylor was named Facebook CTO in June 2010 and has historically had no direct reports. His projects at Facebook <a href="http://gigaom.com/2010/06/09/video-facebooks-new-cto-bret-taylor-on-platform-privacy-and-plans-for-the-future/">have included</a> platform, search, News Feed and mobile.</p>
<p>Taylor is a consistent presence at Facebook&#8217;s big public events. Even though he presents about technical stuff, his delivery is considered by many observers inside and outside the company as much smoother than his often awkward boss, CEO and co-founder Mark Zuckerberg.</p>
<p>Prior to Facebook, Taylor co-founded FriendFeed, a geeky social app aggregator bought by Facebook; the app&#8217;s influence is seen in many of Facebook&#8217;s social products today. Prior to that, while at Google he helped create Google Maps.</p>
<p>Taylor has a young family and is a really big Stanford football fan.</p>
<p><a href="http://allthingsd.com/files/2011/08/ChrisCox.png"><img class="alignleft size-full wp-image-112896" title="ChrisCox" src="http://allthingsd.com/files/2011/08/ChrisCox.png" alt="" width="165" height="200" /></a></p>
<p><strong>Chris Cox</strong>: Chris Cox is Facebook&#8217;s well-liked product head and the company&#8217;s only real home-grown management star. He joined Facebook in 2005, shortly after graduating from Stanford, and has worked on products such as News Feed early on in their gestation. At one point as a young staffer, he was promoted to be in charge of Facebook&#8217;s human resources and helped set a tone for the company&#8217;s culture.</p>
<p>Cox often appears at Facebook events to talk about the human impact of Facebook&#8217;s products, and the merits of &#8220;social design.&#8221;</p>
<p>The charismatic exec got married this year and <a href="http://online.wsj.com/article/SB10001424052748704127904575544302659920236.html">has played in a reggae band</a>.</p>
<p><a href="http://allthingsd.com/files/2011/12/GregBadros.png"><img class="alignright size-medium wp-image-152135" title="GregBadros" src="http://allthingsd.com/files/2011/12/GregBadros-223x285.png" alt="" width="160" height="205" /></a></p>
<p><strong>Greg Badros</strong>: Outsiders have been less familiar with Greg Badros. Badros had been in charge of advertising engineering at Facebook for the past two years.</p>
<p>Prior to joining Facebook in June 2009, Badros worked at Google for six years, where he was particularly instrumental on its well-known AdSense and Gmail products.</p>
<p>&#8220;Star&#8221; is the word multiple of Badros&#8217;s acquaintances and former colleagues used to describe him.</p>
<p>Badros is technical, entrepreneurial, articulate and humble, said former Keval Desai, his Google colleague and current VC at Interwest Partners.</p>
<p>&#8220;He can speak to a crowd of engineers and sales people with equal ease,&#8221; he said. &#8220;He was a star at Google and instrumental in scaling the AdSense platform.&#8221;</p>
<p>Badros has a Ph.D. from the University of Washington and did his undergrad at Duke.</p>
<p><a href="http://allthingsd.com/files/2011/12/Schrep.png"><img class="alignleft size-full wp-image-152136" title="Schrep" src="http://allthingsd.com/files/2011/12/Schrep.png" alt="" width="165" height="200" /></a></p>
<p><strong>Mike Schroepfer</strong>: Along with Cox and Taylor, Schroepfer has been at the top of Facebook&#8217;s org for a while as VP of engineering.</p>
<p>Schroepfer, who&#8217;s known internally and externally as Schrep, was previously VP of engineering at Mozilla and, before that, at Sun Microsystems.</p>
<p>He&#8217;s recently done a bunch of traveling with Facebook COO Sheryl Sandberg to encourage women in tech and to open Facebook&#8217;s New York engineering office.</p>
<p>The affable exec also has a young family and just bought a Nissan Leaf.</p>
<p><a href="http://allthingsd.com/files/2011/12/SamLessin.png"><img class="alignright size-full wp-image-152137" title="SamLessin" src="http://allthingsd.com/files/2011/12/SamLessin.png" alt="" width="158" height="175" /></a></p>
<p><strong>Sam Lessin</strong>: The most recent addition of the group to Facebook, Lessin joined last October when Facebook <a href="http://allthingsd.com/20101102/mark-zuckerberg-really-really-wanted-to-work-with-sam-lessin/">nominally acquired his start-up Drop.io</a>. Along with other &#8220;acqhired&#8221; CEOs, he has been influential within Facebook as a product manager.</p>
<p>Lessin was the <a href="http://allthingsd.com/20111006/qa-sam-lessin-says-facebook-timeline-is-aimed-at-making-users-proud-of-themselves/">major driver</a> of Facebook&#8217;s upcoming Timeline redesign, which makes users&#8217; profiles into visual journals of their lives. Timeline <a href="http://allthingsd.com/20111205/hey-facebook-wheres-that-timeline-and-open-graph-you-promised/">has not rolled out as soon as Facebook said it would</a>, but it&#8217;s a major ongoing project that it seems natural for Lessin to continue to lead.</p>
<p>While still at Drop.io, he started a side project called <a href="http://letter.ly/">letter.ly</a> for paid personal email newsletters. Before that, he worked at Bain &amp; Company.</p>
<p>Lessin went to Harvard at the same time as Zuckerberg and seems to be tightly integrated into the inner Facebook social circle. He recently became engaged to his longtime girlfriend, Wall Street Journal tech reporter Jessica Vascellaro.</p>
<p>(Full disclosure: Dow Jones owns both The Wall Street Journal and <strong>AllThingsD.com</strong>. Dow Jones is owned by News Corp.)</p>
<p><em>Please see the disclosure about Facebook in <a href="http://allthingsd.com/about/#lizg-ethics">Liz&#8217;s ethics statement</a>.<br />
</em></p>
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		<title>Facebook Confirms Reorg, Names Five Product Heads</title>
		<link>http://allthingsd.com/20111208/facebook-confirms-reorg-names-five-product-heads/</link>
		<comments>http://allthingsd.com/20111208/facebook-confirms-reorg-names-five-product-heads/#comments</comments>
		<pubDate>Thu, 08 Dec 2011 18:36:14 +0000</pubDate>
		<dc:creator>Liz Gannes</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Social]]></category>
		<category><![CDATA[Bret Taylor]]></category>
		<category><![CDATA[Chris Cox]]></category>
		<category><![CDATA[Facebook]]></category>
		<category><![CDATA[Greg Badros]]></category>
		<category><![CDATA[Mark Zuckerberg]]></category>
		<category><![CDATA[Mike Schroepfer]]></category>
		<category><![CDATA[reorg]]></category>
		<category><![CDATA[Sam Lessin]]></category>

		<guid isPermaLink="false">http://allthingsd.com/?p=151950</guid>
		<description><![CDATA[Facebook today confirmed our report from last night that it has shaken up its organization around major product areas.]]></description>
			<content:encoded><![CDATA[<p><img src="http://allthingsd.com/files/2011/12/shuffle_deck.png" alt="" title="shuffle_deck" width="380" height="285" class="alignright size-full wp-image-151969" />Facebook today confirmed our <a href="http://allthingsd.com/20111207/exclusive-facebook-reorganizes-around-key-products-to-be-more-nimble/">report from last night</a> that it has shaken up its organization around major product areas. </p>
<p>Here&#8217;s the statement:</p>
<p>&#8220;We can confirm that in order to streamline the product development process, we have reorganized our technical teams into product groups that report into Mark. These groups will be lead by Bret Taylor, Chris Cox, Greg Badros, Mike Schroepfer and Sam Lessin.&#8221;</p>
<p>As I wrote last night:</p>
<blockquote class="memo"><p>Facebook has done a major corporate reorganization in an effort to be more nimble, sources said.</p>
<p>The new structure integrates design, product and engineering teams around key product areas such as privacy and communication.</p></blockquote>
<p>We&#8217;ll have more details as we get them.</p>
<p><em>Please see the disclosure about Facebook in <a href="http://allthingsd.com/about/#lizg-ethics">my ethics statement</a>.<br />
</em></p>
<p>(Image credit: <a href="http://www.flickr.com/photos/scr47chy/71541366/in/photostream/">Flickr user Scr47chy</a>)</p>
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		<title>Exclusive: Facebook Does A Major Reorg Around Key Products</title>
		<link>http://allthingsd.com/20111207/exclusive-facebook-reorganizes-around-key-products-to-be-more-nimble/</link>
		<comments>http://allthingsd.com/20111207/exclusive-facebook-reorganizes-around-key-products-to-be-more-nimble/#comments</comments>
		<pubDate>Thu, 08 Dec 2011 03:42:35 +0000</pubDate>
		<dc:creator>Liz Gannes</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Social]]></category>
		<category><![CDATA[Facebook]]></category>
		<category><![CDATA[Google]]></category>
		<category><![CDATA[Larry Page]]></category>
		<category><![CDATA[Mark Zuckerberg]]></category>
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		<category><![CDATA[reorg]]></category>

		<guid isPermaLink="false">http://allthingsd.com/?p=151707</guid>
		<description><![CDATA[Facebook has done a major corporate reorganization in an effort to be more nimble.]]></description>
			<content:encoded><![CDATA[<p>Facebook has done a major corporate reorganization in an effort to be more nimble, sources said.</p>
<p><a href="http://allthingsd.com/files/2011/11/ZuckerbergD8.png"><img class="alignright size-medium wp-image-148276" title="ZuckerbergD8" src="http://allthingsd.com/files/2011/11/ZuckerbergD8-190x285.png" alt="" width="190" height="285" /></a>The new structure integrates design, product and engineering teams around key product areas such as privacy and communication.</p>
<p>A memo about the reorg was sent out at the company today. A representative for Facebook declined to comment.</p>
<p>We&#8217;ll update as we learn more.</p>
<p>The young company, led by CEO Mark Zuckerberg, had many management shake-ups in its early years, but recently it has been fairly stable at the top.</p>
<p>However, Facebook faces increased competition and scrutiny, as well as a looming expected IPO.</p>
<p>You have to see the parallel with what Larry Page did at Google earlier this year, shortly after retaking the reins as CEO. Page created <a href="http://allthingsd.com/20110407/the-larry-page-reorg-top-lieutenants-promoted-to-svp/">seven integrated product areas</a> from what had previously been separate engineering and product management groups: Chrome, social, Android, YouTube, knowledge, ads and commerce, and local.</p>
<p><em>Please see the disclosure about Facebook in <a href="http://allthingsd.com/about/#lizg-ethics">my ethics statement</a>.<br />
</em></p>
]]></content:encoded>
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		<title>Google&#039;s Page Begins Major Reorg: Engineers, Not Managers, In Charge</title>
		<link>http://allthingsd.com/20110405/exlusive-larry-page-mulls-google-reorg/</link>
		<comments>http://allthingsd.com/20110405/exlusive-larry-page-mulls-google-reorg/#comments</comments>
		<pubDate>Tue, 05 Apr 2011 10:30:53 +0000</pubDate>
		<dc:creator>John Paczkowski</dc:creator>
				<category><![CDATA[News]]></category>
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		<category><![CDATA[featured post]]></category>
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		<category><![CDATA[Steve Jobs]]></category>

		<guid isPermaLink="false">http://digitaldaily.allthingsd.com/?p=59787</guid>
		<description><![CDATA[Having retaken the reins as CEO, Larry Page is clearly mulling a reorganization of Google’s structure, one that eliminates the powerful center that’s so pervasive at the search giant today and replaces it with the business unit autonomy that’s made the company’s Android division so successful.]]></description>
			<content:encoded><![CDATA[<p><img src="http://mediamemo.allthingsd.com/files/2011/01/LPCEO-380x217.jpg" alt="" title="LPCEO" width="380" height="217" class="aligncenter size-Medium380 wp-image-28394" /></p>
<p>Jonathan Rosenberg said <a href="http://digitaldaily.allthingsd.com/20110404/product-chief-jonathan-rosenberg-to-leave-google/">his resignation from Google</a> yesterday was precipitated by <a href="http://digitaldaily.allthingsd.com/20110404/larry-page-as-ceo-steve-jobs-or-jerry-yang/">Larry Page&#8217;s return as CEO</a>, but unrelated to Page&#8217;s effort to restore the urgency of innovation and nimbleness that was once the company&#8217;s hallmark.</p>
<p>And that may well be the case.</p>
<p>Certainly, Rosenberg has been crucial to Google&#8217;s success, so his exit has come as a shock to pretty much everyone to whom I&#8217;ve spoken.</p>
<p>That said, its timing seems quite convenient, particularly in relationship to what looks very much like a significant reorg that is currently underway at Google, said sources familiar with the situation.</p>
<p>Note first that Rosenberg&#8217;s replacement wasn&#8217;t immediately named and it&#8217;s not clear whether Page even feels one is needed.</p>
<p>But sources close to the company tell me it is likely to be much more than just Rosenberg&#8217;s departure.</p>
<p>The main theme that seems to be emerging: An elimination of Google&#8217;s more centralized functional structure&#8211;where Rosenberg was one of several manager kingpins&#8211;to one in which the individual business units and their engineers, such as its most independent Android division, rule more autonomously.</p>
<p>Reimagined like this, Google would become an ambidextrous organization with more powerful unit line execs, mostly engineers, doing what needs to be done to succeed, less burdened by the need to vet every little effort through various managers of Google&#8217;s powerful operating committee.</p>
<p>And that might mean fewer of those centralized execs&#8211;which raises the question of which general manager is next to go, whether on their own volition or not.</p>
<p>There is much speculation within Google about this, and it will surely increase now with the departure of Rosenberg.</p>
<p>The up and down fate of certain execs will be important signs of what&#8217;s coming, especially that of Chief Business Officer Nikesh Arora, Business Operations SVP Shona Brown and David Drummond, SVP of corporate development and chief legal officer.</p>
<p>So too the execs running business units at Google. Even now, for example, YouTube operates somewhat independently from the main part of Google. The question is, can such an engineering-driven structure be applied to local, social, commerce and more?</p>
<p>The goal, of course, is laudable&#8211;for Google to have significantly less bureaucracy and a more consistent stream of innovation.</p>
<p>But is this a good idea?</p>
<p>Looking at the company&#8217;s Android unit, the answer would appear to be a resounding yes. Under Andy Rubin, the Android team has developed its own structure and processes and it&#8217;s excelling in the market. Google&#8217;s role here is more nurturing parent than anything else. In other words, it&#8217;s supporting innovation, not micromanaging it.</p>
<p>That jibes well with Page&#8217;s push to whittle down Google&#8217;s manager bureaucracy, eliminate politicking and rekindle its start-up spirit.</p>
<p>And it also offers the added benefit of making <em>him</em> the centerpoint of the entire company.</p>
<p>Because make no mistake, these autonomous divisions under discussion would all have one thing in common: Larry Page.</p>
<p>In other words: He&#8217;s the CEO, functionary!</p>
<p>In essence, he would be their Lord High Engineer (and Executioner, in all senses) and their connection to the rest of the organization.</p>
<p>Which puts him in a very Steve Jobsian position, in which he&#8217;s the company&#8217;s one true arbiter.</p>
<p>That&#8217;s worked out well for Apple, but its culture is very different from Google&#8217;s. And Page and Jobs are as dissimilar as they come.</p>
<p>That said, if Page&#8217;s vision of a new, ambidextrous Google fosters the same sort of incremental and radical innovations we&#8217;ve seen come out of Apple in the past decade, that would probably be a good change.</p>
<p>Because change is just what Google so needs&#8211;and it seems it has begun.</p>
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		<title>Memo Time: Yahoo Reorgs Its Ad Staff, As &quot;The Race&quot; Begins</title>
		<link>http://allthingsd.com/20110309/memo-time-yahoo-reorgs-its-ad-staff-as-the-race-begins/</link>
		<comments>http://allthingsd.com/20110309/memo-time-yahoo-reorgs-its-ad-staff-as-the-race-begins/#comments</comments>
		<pubDate>Wed, 09 Mar 2011 14:15:12 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[Media]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[advertising]]></category>
		<category><![CDATA[AOL]]></category>
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		<category><![CDATA[Wayne Powers]]></category>
		<category><![CDATA[Yahoo]]></category>

		<guid isPermaLink="false">http://kara.allthingsd.com/?p=41437</guid>
		<description><![CDATA[In the wake of the departures of two top ad execs to social buying sites, the hiring of another from AOL and a whole new sales management team in place, it's got to be time for a reorg at Yahoo!

And so it is, just before the company's annual sales conference takes place.]]></description>
			<content:encoded><![CDATA[<p><a href="http://kara.allthingsd.com/files/2011/03/imgres5.jpeg"><img src="http://kara.allthingsd.com/files/2011/03/imgres5.jpeg" alt="" title="imgres" width="268" height="188" class="alignright size-full wp-image-41440" /></a></p>
<p>In the wake of the departures of two top ad execs to social buying sites, the hiring of another from AOL and a whole new sales management team in place, it&#8217;s got to be time for a reorg at Yahoo!</p>
<p>And so it is.</p>
<p>Below is an internal memo from Yahoo&#8217;s head of U.S. ad sales Wayne Powers&#8211;<a href="http://kara.allthingsd.com/20101110/exclusive-yahoo-to-name-time-inc-exec-powers-as-head-of-u-s-sales/">who was hired in November</a>&#8211;about changes in the Silicon Valley Internet giant&#8217;s key advertising unit.</p>
<p>The changes come in time for Yahoo&#8217;s global ad sales meeting, taking place in San Antonio, Texas next week.</p>
<p>The theme of this year&#8217;s event is &#8220;The Race Is On,&#8221; sources said, which BoomTown does not exactly grok.</p>
<p>Who is Yahoo racing? Does it have a fast car to do so? And is it an <em>amazing</em> race or just <em>meh</em>?</p>
<p>Sources tell me that, unlike at previous such confabs, there will be no big names speaking, with a focus instead on the basics of sales training and operations.</p>
<p>More interesting: Apparently, there are no phones allowed and violators will get their wrists slapped.</p>
<p>Obviously, you ad sales people will have to leak to me via carrier pigeon.</p>
<p>In all seriousness, it will be an important gathering as Yahoo seeks to revitalize its sales team, which has seen a spate of management changes recently.</p>
<p>Most recently, two longtime sales execs have left&#8211;<a href="http://kara.allthingsd.com/20101208/yahoos-ad-talent-loss-is-groupons-gain-lee-brown-will-be-social-buying-phenoms-head-of-national-sales/">Lee Brown</a> to Groupon and <a href="http://kara.allthingsd.com/20110307/another-one-bites-group-buying-yahoo-loses-top-ad-sales-exec-mitch-spolan-to-livingsocial/">Mitch Spolan</a> to LivingSocial&#8211;while former AOLer <a href="http://kara.allthingsd.com/20110301/actually-aols-mark-ellis-is-headed-to-yahoo">Mark Ellis joined</a>.</p>
<p>Here&#8217;s the rest of the mishegas via the memo:</p>
<blockquote class="memo"><p>From: Wayne Powers<br />
To: XXX@yahoo-inc.com<br />
Cc: Carol Bartz<br />
Cc: Ross Levinsohn<br />
Cc: Blake Irving<br />
Cc: Elisa Steele<br />
Cc: Tim Morse<br />
Cc: David Windley<br />
Cc: Rich Jacquet<br />
Cc: Rose Tsou<br />
Cc: Wayne Powers<br />
Cc: Christophe PARCOT<br />
Cc: Susanna Lee<br />
Cc: Linda Lubsen<br />
Cc: May Petry<br />
Cc: Tekeita Lodge<br />
Cc: Zealous Wiley</p>
<p>Subject: Organization Announcement</p>
<p>Sent: Mar 8, 2011 3:01 PM</p>
<p>Team,</p>
<p>As we evolve our best-in-class sales organization, I would like to make two key organizational announcements. I am pleased to announce that Liz Ritzcovan will be joining Yahoo! as vice president of Marketing Solutions, leading our Sales Development organization. I am equally excited to announce the promotion of long time Yahoo!, Andrea Morokutti, to vice president of Sales Operations and Strategy.</p>
<p>Liz was most recently vice president, Corporate Sales and Client Services, Digital at Time, Inc. where she led all media efforts and oversaw strategic digital planning processes in coordination with Time Inc, Amex Publishing and Time Warner Broadcast. Along with her team, she was focused on developing and forging sales and marketing partnerships to ensure broad distribution and effective media planning for Time’s corporate and brand partners.</p>
<p>Liz brings an impressive history increasing profits and expanding client and partner bases for various organizations ranging from entrepreneurial start-ups to leading multi-billion dollar global corporations. Prior to joining Yahoo! she held various leadership positions at Interbrand, CondeNast and Miller Publishing. Her expertise in print, digital, broadcast and emerging media strategy and new advertising models will be a tremendous asset to the organization. Liz has a B.A. from University of New York at Potsdam.  Liz will be starting later this month and will be based in New York. She will also be at the sales conference and is looking forward to meeting many of you.</p>
<p>With nearly 11 years under her belt at Yahoo!, Andrea&#8217;s most recent role has been vice president of Demand Ops Finance in the Americas Region under Mark Liao. Prior to that, Andrea held various leadership positions within finance, including support of the CMO organization, Mobile and Corporate. With Andrea’s solid expertise in finance and business strategy, this new role was a natural progression for her and we excited to have her join the team. Andrea will continue to be based in Sunnyvale.</p>
<p>Both Liz and Andrea will report directly to me. Frank Weishaupt will continue to lead our North America Region Ad Marketplaces organization. And I&#8217;d like to thank him for his leadership of the Sales Development and Operations organizations over the last nine months.</p>
<p>Please join me in welcoming Andrea to the team and Liz to Yahoo!.</p>
<p>On a related note, Mark Ellis started last week and is up and running. He’s hitting the road and spending time meeting clients and Yahoos. Look out for him next week at the sales conference.</p>
<p>I&#8217;d like to thank Mitch for his many years of service at Yahoo! and wish him the best of luck in his future endeavors.</p>
<p>Wayne</p></blockquote>
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		<title>Cond&#233; Nast Digital Head Sarah Chubb Out</title>
		<link>http://allthingsd.com/20110207/conde-nast-digital-head-sara-chubb-out/</link>
		<comments>http://allthingsd.com/20110207/conde-nast-digital-head-sara-chubb-out/#comments</comments>
		<pubDate>Mon, 07 Feb 2011 20:47:12 +0000</pubDate>
		<dc:creator>Peter Kafka</dc:creator>
				<category><![CDATA[Media]]></category>
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		<category><![CDATA[reorg]]></category>
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		<category><![CDATA[Sarah Chubb]]></category>
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		<category><![CDATA[software]]></category>
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		<guid isPermaLink="false">http://mediamemo.allthingsd.com/?p=29466</guid>
		<description><![CDATA[This shouldn't be a shock, given that Cond&#233; Nast has been reorging and restructuring its digital operations for a couple of years now: Cond&#233; Nast Digital head Sarah Chubb is leaving the company after 20 years. She hasn't announced a new job; Cond&#233; says it will announce a replacement "in the coming weeks."]]></description>
			<content:encoded><![CDATA[<p><a href="http://mediamemo.allthingsd.com/files/2011/02/sarah_chubb2010.jpg"><img class="alignright size-medium wp-image-29469" title="sarah_chubb2010" src="http://mediamemo.allthingsd.com/files/2011/02/sarah_chubb2010-218x300.jpg" alt="" width="218" height="300" /></a>This shouldn&#8217;t be a shock, given that Cond&eacute; Nast has been reorging and restructuring its digital operations for a couple of years now: Cond&eacute; Nast Digital head Sarah Chubb is leaving the company after 20 years.</p>
<p>The company hasn&#8217;t named a successor to Chubb, who spent the last year or so working on a homegrown platform for publishing the company&#8217;s magazines for Apple&#8217;s iPad and other tablets. <a href="http://mediamemo.allthingsd.com/20101025/a-win-for-adobe-conde-nast-will-use-it-exclusively-for-future-tablet-magazines/">Cond&eacute; eventually decided to work with Adobe</a>, an approach championed by Wired magazine creative director Scott Dadich, who has since been put in charge of Cond&eacute;&#8217;s tablet projects.</p>
<p>Chubb says she won&#8217;t be taking another full-time job immediately, but plans on doing some consulting work for the near term. Cond&eacute; says it will announce a replacement soon.</p>
<p>Here&#8217;s the internal memo from Cond&eacute; Nast president Bob Sauerberg:</p>
<blockquote class="memo"><p>From: Sauerberg, Bob<br />
Sent: Monday, February 07, 2011 3:25 PM<br />
To: Conde Nast &#8211; All<br />
Subject: Executive Announcement</p>
<p>After a wonderful 20-year career at Condé Nast, Sarah Chubb has decided it&#8217;s time to explore other opportunities. As we all know, there is a huge amount of energy and excitement in the digital world right now—and Sarah is interested in pursuing the next phase of her career.</p>
<p>Sarah has been a transformational force at Condé Nast and the media business as a whole. I am sure you will all join me in thanking Sarah for her many valuable contributions, congratulating her on her success and wishing her the best of luck as she moves ahead.</p>
<p>Sarah asked me to share her thoughts with you: “CN is the premier company in the industry and I have truly loved my job here. I am also tremendously proud of the contributions that my team and I have made to the Company.  While the challenges of an exciting new world beckon me, I know that CN is set up exceptionally well for the future.”</p>
<p>In the coming weeks, we will name a successor to continue the outstanding work in digital growth and innovation.</p></blockquote>
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		<title>Yahoo&#039;s Display Ad VP &amp; GM Departs&#8211;Meanwhile, Hair-tastic U.S. Head Reorgs Unit</title>
		<link>http://allthingsd.com/20110105/yahoos-display-ad-vp-gm-departs-meanwhile-hair-tastic-u-s-head-reorgs-unit/</link>
		<comments>http://allthingsd.com/20110105/yahoos-display-ad-vp-gm-departs-meanwhile-hair-tastic-u-s-head-reorgs-unit/#comments</comments>
		<pubDate>Thu, 06 Jan 2011 00:35:15 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[Media]]></category>
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		<guid isPermaLink="false">http://kara.allthingsd.com/?p=39184</guid>
		<description><![CDATA[David Zinman, Yahoo's VP and GM for display advertising--who came to the company via its acquisition of BlueLithium ad network--is leaving the company and will be replaced by the CEO of Dapper, another ad-related Yahoo purchase.

The move in Yahoo's most important revenue unit comes even as its new leader, Americas EVP Ross Levinsohn, reorgs his management team.]]></description>
			<content:encoded><![CDATA[<p>David Zinman, Yahoo&#8217;s VP and GM for display advertising&#8211;who came to the company via its acquisition of BlueLithium ad network&#8211;is leaving the company and will be replaced by the CEO of <a href="http://kara.allthingsd.com/20101005/yahoo-acquires-ad-start-up-dapper">Dapper</a>, another ad-related Yahoo purchase.</p>
<p><a href="http://kara.allthingsd.com/files/2011/01/Dave-Zinman.jpeg"><img src="http://kara.allthingsd.com/files/2011/01/Dave-Zinman.jpeg" alt="" title="Dave Zinman" width="80" height="80" class="alignright size-full wp-image-39186" /></a></p>
<p>Yahoo confirmed the move by Zinman (pictured here), after an inquiry by BoomTown, in a statement:</p>
<p>&#8220;David Zinman, Vice President &#038; GM, Display Marketplace at Yahoo! has decided to leave the company, effective January 11. He&#8217;ll be working very closely with James Beriker, the former CEO of Dapper, who will take on David&#8217;s position, to ensure a smooth transition and build upon Yahoo!&#8217;s leadership position in display advertising.&#8221;</p>
<p>A source close to the company said the move was not part of a reorganization about to take place of the critical U.S. advertising unit by its new leader, Americas EVP Ross Levinsohn.</p>
<p>Levinsohn, <a href="http://kara.allthingsd.com/20101027/its-now-official-yahoo-hires-ross-levinsohn-to-head-key-americas-unit">who came to Yahoo in late fall</a>, is now prepping a rejiggering of this management team, much as Chief Product Officer Blake Irving did <a href="http://kara.allthingsd.com/20100419/yahoo-confirms-former-microsoft-exec-blake-irving-hired-as-chief-product-officer">soon after he arrived</a> last April.</p>
<p>Unlike Irving&#8217;s, which included a number of significant exec departures, Levinsohn&#8217;s new structure is not expected to be as drastic, nor will it involve the <a href="http://kara.allthingsd.com/20101215/heres-carol-bartzs-internal-layoff-memo-to-beleaguered-yahoo-troops">massive layoffs that took place in the product unit</a> in December.</p>
<p><img src="http://kara.allthingsd.com/files/2010/10/ross-252x300.jpg" alt="" title="ross" width="126" height="150" class="alignright size-medium wp-image-36231" /></p>
<p>Levinsohn, according to numerous sources inside the Silicon Valley company, seems to be off to a good start there, with many considering the fast-talking exec a &#8220;breath of  fresh air.&#8221;</p>
<p>Or, perhaps, breath of <em>hair</em>.</p>
<p>Apropos of nothing, pretty much everyone I spoke to about his performance thus far comments on his very bouncy and behaving mane.</p>
<p>They are lovely locks, as I can attest, and as you can see here.</p>
<p>So, let&#8217;s hope Levinsohn can grow Yahoo&#8217;s stagnant revenue as well as he does his tresses.</p>
]]></content:encoded>
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		<title>No Massive Reorg at Yahoo, But More Exec Departures (Plus the Schneider Goodbye Letter)</title>
		<link>http://allthingsd.com/20101004/no-massive-reorg-at-yahoo-but-more-exec-departures-plus-the-schneider-goodbye-letter/</link>
		<comments>http://allthingsd.com/20101004/no-massive-reorg-at-yahoo-but-more-exec-departures-plus-the-schneider-goodbye-letter/#comments</comments>
		<pubDate>Mon, 04 Oct 2010 08:05:35 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[Media]]></category>
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		<guid isPermaLink="false">http://kara.allthingsd.com/?p=34712</guid>
		<description><![CDATA[Sorry, folks, but--despite reports--Yahoo will not be unveiling another new organizational structure this week.

In actuality, the beleaguered Internet giant is just cleaning up from last week's shake-up--in which it announced that a chunk of its top media and sales leadership was leaving--as well as settling in new hires made in recent months by its relatively new product head, Blake Irving.

In fact, those changes in Irving's unit have resulted in the departure of two more execs. That would be former SVP of Media Products and Solutions Jeff Kinder and SVP for Cloud Computing Shelton Shugar, who are on their way out.]]></description>
			<content:encoded><![CDATA[<p><img src="http://kara.allthingsd.com/files/2010/10/nothing_to_see_here-275x219.jpg" alt="" title="nothing_to_see_here" width="275" height="219" class="alignright size-medium wp-image-34802" /></p>
<p>Sorry, folks, but&#8211;despite reports&#8211;Yahoo will not be unveiling another new organizational structure this week.</p>
<p>In actuality, the beleaguered Internet giant is just cleaning up from last week&#8217;s shake-up&#8211;in which it announced that a chunk of its <a href="http://kara.allthingsd.com/20100930/yahoo-confirms-exec-departures-the-internal-memo-from-the-foxhole/">top media and sales leadership was leaving</a>&#8211;as well as settling in new hires made in recent months by its relatively new product head, <a href="http://kara.allthingsd.com/20100419/yahoo-confirms-former-microsoft-exec-blake-irving-hired-as-chief-product-officer">Blake Irving</a>.</p>
<p>In fact, those changes in Irving&#8217;s unit have resulted in the departure of two more execs. That would be former SVP of Media Products and Solutions Jeff Kinder and SVP for Cloud Computing Shelton Shugar, who are on their way out.</p>
<p>Kinder actually left his job many weeks ago and was offered the chance to find another within Yahoo (YHOO), although sources said he has now definitely decided to leave the company on his own.</p>
<p>CEO Carol Bartz held a meeting Friday with senior leadership to go over the situation and to assure management that changes to come would stabilize the company going forward.</p>
<p>To be sure, Yahoo needs some kind of reassurance and fast.</p>
<p>BoomTown <a href="http://kara.allthingsd.com/20100929/exclusive-major-meltdown-at-yahoo-as-more-top-execs-to-depart-including-u-s-head-hilary-schneider/">broke the news last week</a> that U.S. head Hilary Schneider was departing the company (see her goodbye memo below), along with U.S. Audience head David Ko and SVP of Media Jimmy Pitaro.</p>
<p>Pitaro has since landed a big job as <a href="http://kara.allthingsd.com/20101003/yahoos-jimmy-pitaro-lands-digital-co-president-job-at-disney-with-playdoms-john-pleasants/">co-president of the Internet unit of Disney</a> (DIS).</p>
<p>The overall corporate turmoil has put more scrutiny on Bartz. For two years, she has been trying to turn around the company, with only a modicum of success.</p>
<p>While Bartz did strike a search and online advertising partnership with Microsoft (MSFT) to better battle Google (GOOG), she has not <a href="http://kara.allthingsd.com/20100720/liveblogging-yahoos-second-quarter-earnings-call-how-do-you-solve-a-problem-like-flat-revenue">goosed flat revenue</a> nor been able to boost <a href="http://kara.allthingsd.com/20100630/as-its-stock-languishes-yahoo-does-a-buyback-to-juice-shares">Yahoo&#8217;s moribund stock</a>.</p>
<p>Perhaps more critically, she has not stopped the steady exodus of talent, especially of more senior execs.</p>
<p>Departures in the last six months include U.S. advertising sales head <a href="http://kara.allthingsd.com/20100315/exclusive-yahoos-top-ad-money-maker-bradford-leaving-for-new-job-at-demand-media/">Joanne Bradford</a>, Integrated Consumer Experiences SVP <a href="http://kara.allthingsd.com/20100528/exclusive-yahoo-front-page-head-tapan-bhat-leaves-yahoo">Tapan Bhat</a>, <a href="http://kara.allthingsd.com/20100408/confirmed-yahoo-cto-and-chief-product-officer-balogh-to-leave-company">CTO Ari Balogh</a>, as well as the heads of its <a href="http://kara.allthingsd.com/20100827/exclusive-yahoo-social-platforms-head-sample-departs-for-ebay">social platform</a> and <a href="http://kara.allthingsd.com/20100823/exclusive-yahoos-communications-head-jason-titus-departs">communications product</a> units.</p>
<p>But last week&#8217;s departure trifecta of the execs running Yahoo&#8217;s powerful and successful media unit drove the talent drain issue home for many investors and other observers.</p>
<p>While each departure case was different, of course, the leavings have lent a feeling of instability inside and outside the company.</p>
<p><img src="http://kara.allthingsd.com/files/2010/04/4533145917_d022ca2a43-199x300.jpg" alt="" title="4533145917_d022ca2a43" width="199" height="300" class="alignleft size-medium wp-image-27029" /></p>
<p>That has happened more quietly over the several months of reshuffling by Irving (pictured here), who came to Yahoo from Microsoft, and which I have reported on here previously several times.</p>
<p>For example, in September, Irving hired Microsoft exec <a href="http://kara.allthingsd.com/20100909/another-microsoft-exec-to-yahoo-joining-other-ex-softies">John Matheny</a> to head the communications products and communities unit.</p>
<p>Previous to that, in July, Irving brought in another old colleague from the software giant&#8211;<a href="http://kara.allthingsd.com/20100708/yahoo-makes-another-major-product-exec-hire-from-microsoft/">Bill Shaughnessy</a>&#8211;as SVP of Product Management.</p>
<p>Thus, Irving&#8211;who is a little too busy traveling to a number of Yahoo product and technology units in Asia and India over the next weeks to announce yet another reorg&#8211;has pretty much already moved his part of the business around, although there are likely to be some more hires to come.</p>
<p>It is not unusual for a new senior exec to do this, of course, but Irving&#8217;s many moves reportedly sparked some tension between him and Schneider.</p>
<p>That might have been moot, since she had decided to leave some months ago, but was asked to stay on by Bartz.</p>
<p>To be sure, in recent months, many sources said that their relationship had become strained too as Yahoo ad sales continue to struggle, and they also disagreed on the company&#8217;s strategic direction.</p>
<p>Still, it should be noted that Schneider is staying on until a new exec is named to replace her.</p>
<p>Whatever the various machinations in the corporate suite at Yahoo, Bartz needs to find a way to convince Wall Street that she still has the ability to complete her much touted turnaround of the Silicon Valley pioneer to a new period of growth and innovation.</p>
<p>How quickly she is doing that will come into sharp relief in a few weeks when Yahoo reports its third-quarter earnings on October 19.</p>
<p>And while executive departures garner a lot of attention, that is the bottom line for Yahoo, the thing most important of all to watch.</p>
<p>Finally, given I love a good internal memo, here is, belatedly, the email that Schneider sent to her staff last week about her leaving:</p>
<blockquote class="memo"><p>Team,</p>
<p>I&#8217;m sure by now you&#8217;ve all had a chance to read Carol&#8217;s note, and know that I made the decision to move on to the next stage of my career. When I joined Yahoo! four years ago, I knew it would be an amazing and rich experience&#8230;and it has exceeded every expectation. Our consumers look to Yahoo! as they navigate their lives, our advertisers look to Yahoo! for leadership, and publisher looks to Yahoo! for our amazing scale and reach. Our team, however, is our secret weapon!</p>
<p>Meanwhile, the search for my successor is under way and I will continue to lead our team until we make the transition.</p>
<p>Additionally. David Ko, SVP of Audience and Mobile, and Jimmy Pitaro, VP of North America Media, have decided to leave Yahoo! David and Jimmy are amazing leaders and we will miss them. Yahoo!&#8217;s leadership positions in Sports, News, Entertainment, Finance and Mobile are their legacy that we have to proudly continue.</p>
<p>Raymond Stern will be the SVP of North America Audience and will be responsible for the Audience teams. Raymond has been an integral part of Americas leadership team as the SVP of Business Development and Partnerships. Before joining Yahoo! a year ago, he held a wide range of business leadership positions, including more than 10 years as a Partner the Boston Consulting Group where he ran the Technology and Media Practice on the west coast. He also held senior leadership roles at Intuit, including CMO.</p>
<p>Raymond will immediately start diving in to the Audience business, and David and Jimmy are committed to working with Raymond through the transition. Right now, Raymond will continue overseeing the business development and partnership teams while we think through the best structure for these teams moving forward.</p>
<p>I know that transitions can create swirl&#8211;but our customers, both consumer and marketers, are looking to us for continued leadership&#8230;and I know we can deliver this.</p>
<p>You are Yahoo!&#8217;s magic, and I thank you for your tremendous commitment, leadership, and support.</p>
<p>Hilary</p></blockquote>
]]></content:encoded>
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		<title>Here Comes the Yahoo Spin Cycle&#8211;So Try BoomTown&#039;s Soap-Free Guide to What&#039;s Actually Happening</title>
		<link>http://allthingsd.com/20100930/here-comes-the-yahoo-spin-cycle-so-try-boomtowns-soap-free-guide-to-whats-actually-happening/</link>
		<comments>http://allthingsd.com/20100930/here-comes-the-yahoo-spin-cycle-so-try-boomtowns-soap-free-guide-to-whats-actually-happening/#comments</comments>
		<pubDate>Thu, 30 Sep 2010 07:53:01 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
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		<guid isPermaLink="false">http://kara.allthingsd.com/?p=34475</guid>
		<description><![CDATA[Here's how Yahoo's top brass and board--with the help of its newly re-engaged crisis-management PR firm, Abernathy MacGregor--are already trying to spin the latest executive turmoil to hit the company:

Trashing those on the way out, to take focus off those remaining who have been just as responsible for driving the Internet icon, and claiming that this is all part of yet another well-planned reorganization at Yahoo.

Don't believe most of it for a second. Some of it is corporate politics as usual, some of it rejiggering of events, some just not true at all.]]></description>
			<content:encoded><![CDATA[<p><img src="http://kara.allthingsd.com/files/2010/09/lolcat-spin-275x206.jpg" alt="" title="lolcat spin" width="275" height="206" class="alignright size-medium wp-image-34478" /></p>
<p>Here&#8217;s how Yahoo&#8217;s top brass and board&#8211;with the help of its newly re-engaged crisis-management PR firm, Abernathy MacGregor&#8211;are already trying to spin the latest executive turmoil to hit the company:</p>
<p>Trashing those on the way out, to take focus off those remaining who have been just as responsible for driving the Internet icon and claiming that this is all part of yet another well-planned reorganization at Yahoo (YHOO).</p>
<p>Don&#8217;t believe most of it for a second. Some of it is corporate politics as usual, some of it rejiggering of events, some just not true at all.</p>
<p>After BoomTown&#8217;s <a href="http://kara.allthingsd.com/20100929/exclusive-major-meltdown-at-yahoo-as-more-top-execs-to-depart-including-u-s-head-hilary-schneider/">scoop earlier today</a> that Yahoo&#8217;s U.S. head Hilary Schneider, as well as Audience head David Ko and VP of Media Jimmy Pitaro, would be departing the company&#8211;all of which Yahoo is still planning to announce after the markets close on Friday&#8211;here comes this gem in a <a href="http://online.wsj.com/article/SB10001424052748704116004575522741904235112.html">follow-up story in The Wall Street Journal</a>:</p>
<p>&#8220;[Yahoo CEO Carol] Bartz, who joined Yahoo in January 2009, is in the midst of a turnaround effort. People familiar with the matter said she is removing the company&#8217;s old guard to assemble a new team.&#8221;</p>
<p>Let&#8217;s parse this ridonkulous spin-addled blame game, shall we?</p>
<p>Bartz is, in fact, the <a href="http://kara.allthingsd.com/20090225/more-on-yahoo-reorg-in-process-ari-and-hilary-rule-but-who-is-joel-jones">very person who picked all those execs for prime responsibility</a> in her <em>last</em> reorg.</p>
<p>If they were so incompetent, why not dump them much quicker? After all, it&#8217;s not like the problems have not been mounting for months and months, with more and more talent taking off.</p>
<p>In addition, the exec exodus at Yahoo over the last year has been unrelenting and broad, encompassing way too many employees for her to act as if it were all planned and okay.</p>
<p>As to the &#8220;midst of a turnaround effort&#8221; canard that Bartz keeps insisting on, even comparing herself to Apple (AAPL) CEO <a href="http://kara.allthingsd.com/20100917/shooting-from-carol-bartzs-hip-apples-iads-are-just-awful-which-is-why-yahoo-buys-them">Steve Job&#8217;s epic journey to return that legendary company to health</a>?</p>
<p>Um, we are deep in the second year of the Bartz regime, and there appears to be no iPod-like save in sight, and it&#8217;s a little long in the tooth to keep using the turnaround excuse for all that has <em>not</em> yet happened under her command.</p>
<p>Which is to say, stock with a pulse and real growth across all metrics, as Facebook and Google (GOOG), to name a few, are showing.</p>
<p>In addition, it was Bartz herself who handed over a lot of the responsibility for the revival of Yahoo to Schneider.</p>
<p><img src="http://kara.allthingsd.com/files/2010/09/wes1075fc.69885_md-275x184.jpg" alt="" title="wes1075fc.69885_md" width="275" height="184" class="alignleft size-medium wp-image-34481" /></p>
<p>Which meant Schneider had to be thrown under the wheels of the bus in the Journal by dragging out a very old&#8211;and tangential to the <a href="http://kara.allthingsd.com/20100720/liveblogging-yahoos-second-quarter-earnings-call-how-do-you-solve-a-problem-like-flat-revenue/">much larger flat revenue crisis</a> at Yahoo&#8211;newspaper deal as pretty wet cannon fodder:</p>
<p>&#8220;Ms. Schneider is leaving because officials haven&#8217;t been satisfied with her performance, according to people familiar with the matter. Ms. Schneider was responsible for a 2006 deal with industry group Newspaper Consortium, in which Yahoo sold ads for newspaper websites and print editions. The effort continues but has not met Yahoo&#8217;s expectations, according to a person close to the company.&#8221;</p>
<p>Memo to readers: &#8220;People familiar with the matter,&#8221; I am guessing, would be current Yahoo execs.</p>
<p>The fact of the matter is that there have been both critics and admirers of Schneider at Yahoo, which comes as no surprise for one of its top execs. Some consider her smart and canny, while others complain of indecisiveness and slowness to act.</p>
<p>And, she has definitely had some very big whiffs, including the newspaper consortium, but most especially not finding an ad sales chief to replace Joanne Bradford, who left in March, about which <a href="http://kara.allthingsd.com/20100802/yahoo-restructures-u-s-ad-sales-force-with-no-new-head-but-apparently-a-lot-of-prince-charmings/">I gave her a hard time when a very squishy structure</a> was announced.</p>
<p>And, right now, sources tell me, Yahoo&#8217;s upcoming quarterly report could be an even tougher one.</p>
<p>And that falls to Schneider, of course, who has been in charge of its many partnerships, as well as advertising sales across the key Americas region.</p>
<p>Perhaps good reason for an ouster, except I have been tracking Schneider&#8217;s status for many months now, since hearing from many sources&#8211;not her, ever, in case you wanted to know&#8211;that she had told Bartz she wanted out.</p>
<p>Maybe that is what began to sour the boss on Schneider. But to now suddenly call her performance poor seems unusual, especially when you can just as easily point to Yahoo&#8217;s disastrous and pricey marketing campaigns&#8211;it is definitely <em>not</em> You!&#8211;helmed by CMO Elisa Steele, which has failed to move the needle on key user metrics.</p>
<p><img src="http://kara.allthingsd.com/files/2010/09/2197218796_6a7a084bcc-275x206.jpg" alt="" title="2197218796_6a7a084bcc" width="275" height="206" class="alignright size-medium wp-image-34485" /></p>
<p>But she has a tight relationship with Bartz, so she&#8217;s all right, jack? I am dizzy from all the spinning.</p>
<p>In other words, execs make mistakes and there is a lot of blame to go around and&#8211;as the old saying goes&#8211;the buck really does stop with Bartz.</p>
<p>But, guess what? Perhaps it should be noted that Bartz has also misstepped badly of late by making a series of wild remarks that have seriously angered many partners and other companies in Silicon Valley.</p>
<p>And I have heard from countless and very significant investors, all of whom are deeply concerned about her tone and recent public comments.</p>
<p>Just ask <a href="http://kara.allthingsd.com/20100726/yahoo-japan-confirms-google-switch-for-both-paid-and-algo-search">Yahoo Japan&#8217;s Masayoshi Son</a>. Or <a href="http://kara.allthingsd.com/20100916/apparently-yahoos-bartz-didnt-get-the-memo-about-avoiding-land-wars-in-asia">Alibaba&#8217;s Jack Ma in China</a>. Or the <a href="http://kara.allthingsd.com/20100917/shooting-from-carol-bartzs-hip-apples-iads-are-just-awful-which-is-why-yahoo-buys-them">fine folks over at Apple</a> in Cupertino, Calif.</p>
<p>And, I can also report that several execs at Yahoo&#8217;s new search technology partner, Microsoft, are also increasingly alarmed. Said one to me yesterday: &#8220;It is becoming a little unsettling.&#8221;</p>
<p>I can say for certain that Ko, who will doubtlessly be the next to get dinged, left on his own motor, telling Bartz himself recently.</p>
<p>He was quickly followed by Pitaro, who, as I <a href="http://kara.allthingsd.com/20100928/exclusive-yahoo-exec-churn-continues-with-media-head-pitaro-ready-to-bolt/">reported earlier this week</a>, is headed to another big company. No matter what the spin, his departure is a big loss, as he is well-liked inside and outside the company.</p>
<p>Then Schneider rounded out the latest trio of execs to go.</p>
<p>Thus, sources said, Yahoo is about to go on the offense, which is the expected thing to do, ready to announce a plan to move most of the product organization under Chief Product Officer Blake Irving.</p>
<p>The former Microsoft (MSFT) online exec is as sharp as a tack, in my experience, and clearly an even sharper corporate player, recently bringing in a <a href="http://kara.allthingsd.com/20100909/another-microsoft-exec-to-yahoo-joining-other-ex-softies/">series of his old cohorts</a> from the software giant to take over big jobs at Yahoo.</p>
<p>He&#8217;s obviously now won some version of a corporate power play, and is now in favor with Bartz. But that means he&#8217;s being handed the entire thing.</p>
<p>Apparently, Irving has told numerous people that he plans to &#8220;rip it all down&#8221; and streamline the whole organization.</p>
<p>More rearranging at the company that has moved around the corporate living room umpteenth times over the past several years? Except it is still essentially the same room and same house.</p>
<p>Okay, Irving should probably have his choice of where the sofa goes, but as one exec wisely told me tonight: &#8220;Yahoo needs to build great products, not have another reorg&#8230;.It needs a win.&#8221;</p>
<p>Indeed, just as board member Eric Hippeau apparently said at a recent meeting to deal with the latest executive kerfuffle.</p>
<p>Yahoo Chairman Roy Bostock&#8211;who has presided over so many stumbles over the years that I have lost count&#8211;said to the room: &#8220;We need crisis management.&#8221;</p>
<p>Countered Hippeau, a longtime Internet exec who is now CEO of the Huffington Post: &#8220;What we need is revenue.&#8221;</p>
<p>Indeed. And innovation. And a vision. And, most of all, spin-free leadership.</p>
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		<title>RealNetworks Reorganizes&#8230;Again, Including the Standard Layoffs and Rejiggering</title>
		<link>http://allthingsd.com/20100622/realnetworks-reorganizes-again-including-the-standard-layoffs-and-rejiggering/</link>
		<comments>http://allthingsd.com/20100622/realnetworks-reorganizes-again-including-the-standard-layoffs-and-rejiggering/#comments</comments>
		<pubDate>Tue, 22 Jun 2010 20:21:13 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
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		<guid isPermaLink="false">http://kara.allthingsd.com/?p=29652</guid>
		<description><![CDATA[This is just hitting the wires: Yet another restructuring of RealNetworks, complete with layoffs, office closures and a new organizational look.

The company is cutting 85 jobs, including a good chunk of its exec team, along with dumping some global offices. This means about $10 million in restructuring charges said RealNetworks in a statement.]]></description>
			<content:encoded><![CDATA[<p><img src="http://digitaldaily.allthingsd.com/files/2009/11/LAYOFFS_BOBS_THUMB21.jpg" alt="LAYOFFS_BOBS_THUMB2" title="LAYOFFS_BOBS_THUMB2" width="150" height="109" class="alignright size-full wp-image-29728" /></p>
<p>This is just hitting the wires: Yet another restructuring of RealNetworks, complete with layoffs, office closures and a new organizational look.</p>
<p>The beleaguered Internet media software company, based in Seattle, is cutting 85 jobs, including a good chunk of its exec team, along with dumping some global offices. This means about $10 million in restructuring charges, said RealNetworks (RNWK) in a statement.</p>
<p>RealNetworks has been on a rocky road of late, including the <a href="http://digitaldaily.allthingsd.com/20100113/rob-glaser-out-as-realnetworks-ceo">departure of founder and longtime CEO Rob Glaser</a> in January.</p>
<p>Here&#8217;s the official press release with all the reorg deets:</p>
<blockquote class="memo"><p><strong>RealNetworks Reorganizes Business; Focuses on Growth Initiatives</p>
<p>SEATTLE&#8211;June 22, 2010&#8211;</strong>RealNetworks, Inc. (Nasdaq: RNWK) announced today a significant reorganization of its business and operational structure. The reorganization is a key milestone in Real&#8217;s execution of its previously announced strategy to simplify, restructure and grow.</p>
<p>Real has consolidated its Technology Products and Solutions and Media Software and Services business units and organized them into functional teams that represent product development, sales and marketing, and service delivery over a carrier-grade delivery platform.</p>
<p>&#8220;This reorganization marks a significant milestone in our transformation of RealNetworks,&#8221; said Bob Kimball, president and acting CEO of Real. &#8220;Restructuring RealNetworks into functional groups creates a far more efficient organization focused on developing great products that can be delivered through any of our distribution partners.&#8221;</p>
<p>As part of this reorganization, the company eliminated about 85 positions, including about 25% of its executive ranks. The new organizational structure is designed to reduce the spans and layers of management to create greater efficiency, teamwork and customer focus.</p>
<p>Real also reduced its office space in Europe, Asia and its Seattle headquarters.  As a result of the reorganization and reduction in office space, Real expects to record restructuring charges of approximately $10 million for the quarter ending June 30, 2010. Of these charges, approximately $3 million is related to the reduction in force and approximately $7 million will be recorded as a loss on excess office facilities.</p></blockquote>
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		<title>CNET Boss Joe Gillespie Has Left the Building</title>
		<link>http://allthingsd.com/20100218/cnet-boss-joe-gillespie-has-left-the-building/</link>
		<comments>http://allthingsd.com/20100218/cnet-boss-joe-gillespie-has-left-the-building/#comments</comments>
		<pubDate>Thu, 18 Feb 2010 20:01:24 +0000</pubDate>
		<dc:creator>Peter Kafka</dc:creator>
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		<guid isPermaLink="false">http://mediamemo.allthingsd.com/?p=16442</guid>
		<description><![CDATA[Joe Gillespie, the CBS executive who oversaw the company's CNET and CBS News.com sites, has left the company amid a reorg.

Gillespie's old unit, the CBS Interactive News Group, has been folded into a group with the company's "business brands," including BNET and MoneyWatch. Greg Mason, who was running the business group, now oversees the whole thing. But CBS says it doesn't have any other shake-ups planned for its digital division.]]></description>
			<content:encoded><![CDATA[<p><a href="http://mediamemo.allthingsd.com/files/2010/02/JoeGillespie.jpg"><img class="alignright size-full wp-image-16449" title="JoeGillespie" src="http://mediamemo.allthingsd.com/files/2010/02/JoeGillespie.jpg" alt="" width="195" height="250" /></a>Joe Gillespie, the CBS executive who oversaw the company&#8217;s CNET and CBS News.com sites, has left the company amid a reorg.</p>
<p>Gillespie&#8217;s old unit, the CBS Interactive News Group, has been folded into a group with the company&#8217;s &#8220;business brands,&#8221; including BNET and <a href="http://mediamemo.allthingsd.com/20090127/cbs-thinks-nows-a-great-time-to-launch-a-finance-site-meet-moneywatchcom/">MoneyWatch</a>. Greg Mason, who was running the business group, now oversees the whole thing.</p>
<p>This one is literally old news, since it was announced internally all the way back on Jan. 26. But as you may recall, tech and business outlets were under a government mandate that week not to write about anything that wasn&#8217;t related to what we then called the Apple (AAPL) tablet. (Remember those days?)</p>
<p>The move would be bigger news if it augured a bigger shake-up at CBS&#8217;s digital side, especially since CBS Interactive head Quincy Smith has <a href="http://kara.allthingsd.com/20091028/exclusive-cbs-digital-ceo-smith-to-leave-to-start-a-silicon-valley-advisory-firm-first-customer-cbs/">finally</a> left the company to <a href="http://mediamemo.allthingsd.com/20090511/cbs-digital-boss-quincy-smith-plans-his-next-deal-his-own-ma-shop/">open up his own M&amp;A shop</a>. But CBS spokeswoman Sarah Cain says that&#8217;s not the case.</p>
<p>In a few hours, we&#8217;ll get a better sense of how CNET has performed for CBS (CBS) since the company acquired it in a $1.8 billion deal in 2008. CBS is set to announce Q4 earnings shortly, and estimates range widely depending on which analyst you listen to. Anthony DiClemente of Barclays Capital, for instance, thinks Interactive revenue will increase 10 percent, while the unit&#8217;s earnings will decrease by 8.8 percent; the consensus calls for an increase of 31 percent and a 36.2 percent drop respectively.</p>
<p>Meanwhile, for completists: Here&#8217;s Interactive boss Neil Ashe&#8217;s announcement explaining Gillespie&#8217;s move and the subsequent changes.</p>
<blockquote class="memo"><p>From: Neil Ashe<br />
To: CBSi-ALL<br />
Sent: Tuesday, January 26, 2010 1:15 PM<br />
Subject: Tech, News &amp; Business Announcement</p>
<p>Team:</p>
<p>We begin 2010 in an exciting position. Our brands are growing, and we continue to attract huge audiences and many of the world&#8217;s largest advertisers. As we look to the future, our focus remains on creating great content and experiences for our users, and great marketing solutions for our customers.</p>
<p>To that end, we are making changes today that streamline our division by bringing two business units into one. Tech &amp; News and Business will now operate as a single business unit led by Greg Mason. Dave Morris will directly manage the sales organization for this new business unit while remaining in his role as Chief Client Officer for CBS Interactive. Joe Gillespie will work closely with me, Greg and Dave on making this transition a success. He&#8217;ll be with us until the end of March, at which time he has decided to leave the company to pursue new opportunities and his other interests, including a new appointment to the board of Jinni.com.</p>
<p>The creation of this new business unit will let us capitalize on the combined power of some of our biggest and most influential brands including CNET, CBSNews.com, CBS MoneyWatch, BNET, ZDNet and TechRepublic. It will also allow us to create better alignment between properties like CBS MoneyWatch and CBSNews.com where there are natural synergies between the content and audiences. This is good for CBS Interactive, as well as CBS as a whole.</p>
<p>For our marketing partners, this change helps simplify how clients work with us.  Individually, each business unit has seen great success cross-pollinating content and selling programs. Combined, we have the ability to do even more of these types of programs, but even faster and on a much larger scale. Dave will work closely with the sales team to create programs that take advantage of the combined power of these leading brands.  And of course, Dave will continue to be our primary representative in the marketplace for CBS Interactive as a whole.</p>
<p>Those of you that have worked with Greg know that he has an incredible track record of building and operating world-class brands, and repeatedly transforming businesses into success stories. He joined CNET Networks in 2000 and was instrumental in rebuilding our business after the bubble burst. He helped lead the charge to launch the Messaging Plus ad units in 2001, which put CNET Networks on the map in terms of industry leadership and innovation. From 2004-2007 Greg led CNET Content Solutions, which he transformed into one of our fastest growing and most consistently profitable businesses. Since 2007, Greg has been at the helm of our business portfolio, during which time he has launched two important new brands&#8211;BNET and CBS MoneyWatch, as well as led the continued success of our storied IT brands&#8211;ZDNet and TechRepublic.</p>
<p>Greg&#8217;s unique ability to manage large businesses, as well as infuse them with his entrepreneurial spirit will serve this new team well as we build upon our success and look to the future.</p>
<p>During his 6 years at CNET Networks and CBS Interactive, Joe has been a driving force in the continued success of CNET.  Under his leadership, CNET is recognized today as the #1 tech media brand in the world, and CBSNews.com became a site worthy of the legacy of CBS News. In 2008, Joe architected the complete relaunch of CNET, which has resulted in record traffic growth ever since. The site recently eclipsed 100 million users for 3 consecutive months (an all-time record). Early on, Joe initiated the use of video across the site, taking CNET beyond just product reviews and making it the definitive resource for people who love technology and want to get the most out of it. This vision also included broadening the coverage model with new content additions like Car Tech and Crave.</p>
<p>At CBSNews.com, Joe led a major site redesign, which has reinvigorated the site, driving growth and attracting new advertisers with a renewed focus on photos and original content. Since its debut in mid-June, unique users are up 22%, page views are up 12% and video streams are up 28%. Joe and his team were also instrumental in helping Katie Couric launch her online presence, executing her Campaign and Inauguration webcasts, and most recently the @KatieCouric webcast.</p>
<p>In addition to being a good friend, Joe has been an invaluable member of my management team and I want to thank him for all his contributions over the years. Please join me in wishing him all the best in his new endeavors.</p>
<p>I&#8217;m excited about the possibilities this new business unit creates for us. We&#8217;ve got great leaders in Greg and Dave, and world class brands with exciting opportunities in front of them. I know that this new, combined team will achieve great success and I look forward to a prosperous 2010 with the entire CBS Interactive team.</p>
<p>Best, NA</p></blockquote>
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		<title>Viacom, Real Networks Spin Off Rhapsody Music Service</title>
		<link>http://allthingsd.com/20100209/viacom-real-networks-spin-off-rhapsody-music-service/</link>
		<comments>http://allthingsd.com/20100209/viacom-real-networks-spin-off-rhapsody-music-service/#comments</comments>
		<pubDate>Tue, 09 Feb 2010 21:26:48 +0000</pubDate>
		<dc:creator>Peter Kafka</dc:creator>
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		<guid isPermaLink="false">http://mediamemo.allthingsd.com/?p=16111</guid>
		<description><![CDATA[Real Networks and Viacom are reorganizing Rhapsody, their joint-venture music service, and will be spinning it off into an independent company, they told the Securities and Exchange Commission today. Rhapsody, along with Best Buy's Napster, sell music via monthly subscription, as opposed to Apple's a la carte download offering. But neither service has been able to gain much traction, despite years of effort. More shortly.]]></description>
			<content:encoded><![CDATA[<p>Real Networks and Viacom are reorganizing Rhapsody, their joint-venture music service and will be spinning it off into an independent company, they told the <a href="http://www.sec.gov/Archives/edgar/data/1046327/000129993310000526/htm_36209.htm">Securities and Exchange Commission</a> today.</p>
<p>Rhapsody, along with Best Buy&#8217;s (BBY) Napster, sell music via monthly subscription, as opposed to Apple&#8217;s (AAPL) a la carte download offering. But neither service has been able to gain much traction, despite years of effort.</p>
<p>Real Networks (RNWK) currently owns 51 percent of the Rhapsody, which it started, and Viacom&#8217;s (VIA) MTV the remainder. Restructuring will give both companies a 49 percent share, and &#8220;one or more minority stockholders&#8221; will own the rest.</p>
<p>There are a few other details, spelled out in the SEC filing below (for instance, Real needs to pony up some cash, and MTV gets released from some of the marketing agreements it signed on for a couple years ago). But the takeaway is this: Both companies get to move the money-losing music service off their books, and the new structure may theoretically give them a better chance of finding a buyer for the thing.</p>
<p>Last month <a href="http://digitaldaily.allthingsd.com/20100113/rob-glaser-out-as-realnetworks-ceo/">Real&#8217;s founder, Rob Glaser</a>, announced he was stepping down from the company&#8217;s CEO spot. But this reorg has been in the works for a bit: Real alerted shareholders to a possible move back in <a href="http://paidcontent.org/article/419-mtv-and-realnetworks-talking-on-reorg-of-rhapsody-music-jv-could-includ/">November</a>.</p>
<p>Here&#8217;s the relevant text from the SEC filing:</p>
<blockquote class="memo"><p>On February 9, 2010, RealNetworks, Inc. (&#8220;Real&#8221; or &#8220;RealNetworks&#8221;), RealNetworks Digital Music of California, Inc., a wholly owned subsidiary of Real, MTV Networks, a division of Viacom International Inc. (&#8220;MTVN&#8221;), DMS Holdco, a wholly owned subsidiary of Viacom International Inc., and Rhapsody America LLC, a Delaware limited liability company (&#8220;Rhapsody&#8221;) and joint venture formed by Real and MTVN (together with the other parties listed above, the &#8220;Parties&#8221;), entered into a Transaction, Contribution and Purchase<br />
Agreement (the &#8220;Transaction Agreement&#8221;), which contemplates a restructuring of Rhapsody. Real and MTVN formed Rhapsody in August 2007 to jointly own and operate a business-to-consumer digital audio music service. Real currently owns 51% of the equity of Rhapsody and Viacom owns the remaining 49%.</p>
<p>At the closing of the transactions contemplated by the Transaction Agreement, Rhapsody will be converted from a limited liability company to a corporation, and the Parties expect that Real and MTVN and one or more minority stockholders will hold the outstanding shares of Rhapsody such that Real and MTVN will own slightly less than 50%, but an equal amount, of such outstanding shares. Real will contribute $18 million in cash, the Rhapsody brand and certain other assets in exchange for shares of convertible preferred stock of Rhapsody, carrying a $10 million preference upon certain liquidation events. A portion of Real’s cash contribution is to repurchase the international radio business that was previously contributed to Rhapsody. MTVN will contribute a $33 million advertising commitment in exchange for shares of common stock of Rhapsody, and MTVN’s previous obligation to provide advertising of approximately $111 million as of December 31, 2009 will be cancelled. In addition, both the Stockholder Agreement, dated as of August 20, 2007, between Real and Viacom International Inc., on behalf of MTVN, and the Limited Liability Company Agreement, dated as of August 20, 2007, among the Parties will be terminated, including the put and call rights held by Real and MTVN and MTVN’s rights to receive a preferred return in connection with the exercise of Real’s put right.</p>
<p>Real expects that the transactions contemplated by the Transaction Agreement will be completed late in the first quarter of 2010, subject to the satisfaction of customary closing conditions. At the closing, the Parties will enter into a Stockholder Agreement that contains provisions regarding the governance of Rhapsody, stock transfer restrictions and approval of certain corporate transactions. Rhapsody will<br />
be initially governed by a Board of Directors with two directors appointed by each of Real and MTVN and one independent director appointed by mutual agreement of Real and MTVN. At the closing of the transactions, the Parties will also amend certain existing agreements, including the expansion of the technology and intellectual property licenses from Real to Rhapsody relating to the core technologies for the Rhapsody audio digital music service to provide worldwide, perpetual licenses and certain rights for use of the core technologies in business-to-business audio music services.</p>
<p>Upon the completion of the transactions contemplated by the Transaction Agreement, Real expects that it will no longer consolidate Rhapsody’s financial results with Real’s consolidated financial statements.</p></blockquote>
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		<title>Another AOL Org Chart Shuffle: COO Partoll, Search Boss Kannapell Out</title>
		<link>http://allthingsd.com/20090915/another-aol-org-chart-shuffle-coo-partoll-search-boss-kannapell-out/</link>
		<comments>http://allthingsd.com/20090915/another-aol-org-chart-shuffle-coo-partoll-search-boss-kannapell-out/#comments</comments>
		<pubDate>Wed, 16 Sep 2009 01:46:02 +0000</pubDate>
		<dc:creator>Peter Kafka</dc:creator>
				<category><![CDATA[Media]]></category>
		<category><![CDATA[Mobile]]></category>
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		<category><![CDATA[AOL]]></category>
		<category><![CDATA[arrivals departures feature]]></category>
		<category><![CDATA[Brad Garlinghouse]]></category>
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		<guid isPermaLink="false">http://mediamemo.allthingsd.com/?p=11011</guid>
		<description><![CDATA[This isn't the long-rumored round of mass layoffs, but AOL boss Tim Armstrong did let go of two executives today: COO Kim Partoll is out, as is John Kannapell, SVP of search and local media.]]></description>
			<content:encoded><![CDATA[<p><a href="http://mediamemo.allthingsd.com/files/2009/09/kim-partoll.png"><img class="alignright size-full wp-image-11015" title="kim partoll" src="http://mediamemo.allthingsd.com/files/2009/09/kim-partoll.png" alt="kim partoll" width="115" height="146" /></a>This isn&#8217;t the long-rumored round of mass layoffs, but AOL boss Tim Armstrong did let go of two executives today: COO Kim Partoll is out, as is <a href="http://www.linkedin.com/in/kannapell">John Kannapell</a>, SVP of search and local media.</p>
<p>Armstrong, who took over the <a href="http://mediamemo.allthingsd.com/20090312/aol-gets-a-new-ceo-google-sales-boss-tim-armstrong/">Time Warner</a> (TWX) unit earlier this year and is prepping it for a <a href="http://mediamemo.allthingsd.com/20090429/time-warner-makes-it-official-aol-spinoff-is-coming/">spinoff</a> that&#8217;s supposed to happen by the end of 2009, doesn&#8217;t plan on replacing either executive, say people familiar with the matter. Instead, their work will be divvied up among other Armstrong lieutenants.</p>
<p>Partoll&#8217;s mobile responsibilities, for instance, will be given to new hire and former Yahoo (YHOO) exec <a href="http://kara.allthingsd.com/20090907/sticky-situation-of-the-month-ex-yahoo-communications-head-and-peanut-butter-manifesto-scribe-garlinghouse-to-helm-similar-unit-at-aol/">Brad Garlinghouse</a>, while Kannapell&#8217;s responsibilities will be handed to newish hire and former Google (GOOG) exec <a href="http://kara.allthingsd.com/20090429/exclusive-platform-a-head-coleman-out-at-aol-as-well-as-cfo-and-more-to-come/">Jeff Levick</a>. Armstrong himself will handle international duties, previously assigned to Partoll.</p>
<p>Kannapell&#8217;s departure isn&#8217;t a total shock, since he was listed as &#8220;acting head&#8221; of local during a reorg that <a href="http://paidcontent.org/article/419-memo-details-whos-who-in-armstrongs-aol-includes-partoll-coo-cahall-cto/">Armstrong oversaw in June</a>. But Partoll is a head-scratcher, since she was promoted to her new/old position during that same exec shuffle.</p>
<p>And what about those <a href="http://kara.allthingsd.com/20090814/massive-aol-layoffs-not-imminent-but-top-to-bottom-cost-exam-definitely-in-process/">layoffs</a>? Armstrong is almost certain to make some cuts at some point&#8211;and has told employees as much. But people familiar with the company say he hasn&#8217;t been focused on cost structure (i.e., cuts) until recently.</p>
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		<title>Yahoo Product Head and CTO Ari Balogh Speaks!</title>
		<link>http://allthingsd.com/20090702/yahoo-product-head-and-cto-ari-balogh-speaks/</link>
		<comments>http://allthingsd.com/20090702/yahoo-product-head-and-cto-ari-balogh-speaks/#comments</comments>
		<pubDate>Thu, 02 Jul 2009 21:05:01 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[Media]]></category>
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		<category><![CDATA[Yahoo]]></category>

		<guid isPermaLink="false">http://kara.allthingsd.com/?p=12308</guid>
		<description><![CDATA[In BoomTown's bold quest to annoyingly stick a Flip digital video camera in the face of every Yahoo senior exec, this week I worked the last nerve of its CTO and EVP of Products, Aristotle "Ari" Balogh.

Actually, the 45-year-old Balogh is a very calm and pleasant man, especially considering the huge responsibility that has been foisted on him by CEO Carol Bartz to rejigger how Yahoo makes its products and services and deploy its technology in a more efficient, centralized and, most of all, innovative manner.

To explain all this, Balogh sat down with me twice--he is clearly a glutton for punishment--to talk about where Yahoo stood as it sought to dig itself out of its long slump and reemerge as the potent Internet force it once was.]]></description>
			<content:encoded><![CDATA[<p><a href="http://kara.allthingsd.com/files/2009/05/arielogh_0006.jpg"><img src="http://kara.allthingsd.com/files/2009/05/arielogh_0006-199x300.jpg" alt="arielogh_0006" title="arielogh_0006" width="199" height="300" class="alignright size-medium wp-image-13448" /></a></p>
<p>In BoomTown&#8217;s bold quest to annoyingly stick a Flip digital video camera in the face of every Yahoo senior exec, this week I worked the last nerve of its CTO and EVP of Products, Aristotle &#8220;Ari&#8221; Balogh.</p>
<p>Actually, the 45-year-old Balogh is a very calm and pleasant man, especially considering the huge responsibility that has been foisted on him by CEO Carol Bartz to rejigger how Yahoo (YHOO) makes its products and services and deploy its technology in a more efficient, centralized and most of all, innovative manner.</p>
<p>It is actually a process that was started under the previous leadership, especially President Sue Decker.</p>
<p>But now, after a number of reorgs, a <a href="http://kara.allthingsd.com/20090225/more-on-yahoo-reorg-in-process-ari-and-hilary-rule-but-who-is-joel-jones">wide swath of Yahoo is under Balogh&#8217;s purview</a>&#8211;from search to open initiatives to product development to trying to fix Yahoo&#8217;s big problem of never quite getting its innovations out the door.</p>
<p>To explain all this, Balogh sat down with me twice&#8211;he is clearly a glutton for punishment&#8211;to talk about where Yahoo stood as it sought to dig itself out of its long slump and reemerge as the potent Internet force it once was.</p>
<p>While he successfully avoided the questions about Yahoo&#8217;s talks to do a search and advertising partnership with Microsoft (MSFT), he did talk about his view of its new Bing search service (well done, but can it scale?&#8211;which is an engineer&#8217;s favorite schoolyard taunt).</p>
<p>He also addressed the bigger question of how Yahoo can stay relevant in the fast-changing Web 2.0 world.</p>
<p>To Balogh, copying trendsetters like Facebook is not the answer. For example, he noted that Yahoo is more a place where consumers do &#8220;one-way&#8221; follows of things important in their lives rather than wanting another social-network service (which Yahoo has tried and failed at, actually).</p>
<p>&#8220;We&#8217;re not going to be another social network,&#8221; said Balogh flatly, agreeing that that boat has already long sailed without Yahoo on it with a significant product&#8211;Yahoo famously failed to buy Facebook, well before Balogh arrived in early 2008 from VeriSign (VRSN). &#8220;But we can be a place where people make and manage the important connections they have.&#8221;</p>
<p>How this will all play out is one of the most interesting questions in Silicon Valley because&#8211;even after all the turmoil&#8211;Yahoo remains one of the largest sites on the Web.</p>
<p>About 500 million monthly unique visitors enter its homepage and course through its vast site constantly, from its search pages to its massive email and instant-messaging services and its popular suite of content sites.</p>
<p>No one says Yahoo is not big&#8211;what everyone says is that it has missed many major and critical Internet trends as it has become mired in a management morass and external battles.</p>
<p>Now, with new leadership in place, observers are waiting to see what&#8217;s next.</p>
<p>In this regard, it is important what Balogh thinks since he is perhaps Yahoo&#8217;s only person who even closely resembles a Web product visionary now that former CEO and co-founder Jerry Yang has stepped aside and Bartz has taken up command.</p>
<p>While he typically shies away from the spotlight, he is not bashful about talking about Yahoo&#8217;s infamous lugubrious development process.</p>
<p>&#8220;We have pockets of great technology that we have to really put back together into a coherent infrastructure,&#8221; said Balogh. &#8220;We have to get the basics right and focus on those core daily experiences that make Yahoo extraordinary.&#8221;</p>
<p>That is easier said than done, especially when changes impact so many consumers and, of course, the bottom line. Choosing what key trends to attack is harder for a large public company like Yahoo, which has a lot to protect in its current businesses.</p>
<p>&#8220;There will always be a battle between new ideas and monetization,&#8221; said Balogh. &#8220;The question is how much do you push that line back and forth?&#8221;</p>
<p>That fine line will surely be tested with the <a href="http://kara.allthingsd.com/20090214/how-is-yahoos-massive-metro-homepage-redesign-going-it-depends-on-who-you-ask">rollout of its new homepage</a> in the fall, a long project that has been codenamed &#8220;Metro.&#8221;</p>
<p>&#8220;It is not a radical departure, but we have given users more power to do what they want and also serve as the best of Web versus that is already inside of Yahoo,&#8221; said Balogh of the new homepage. &#8220;With technology, it is always a push-pull.&#8221;</p>
<p>Here&#8217;s my video interview with him, talking about all this and more:</p>
<p><div class="video-wsj"><object width="640" height="360"><param name="movie" value="http://s.wsj.net/media/swf/microPlayer.swf"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><param name="flashvars" value="videoGUID=011BA74D-DDB6-4DDC-B350-80816A2ECA32&playerid=4001&plyMediaEnabled=1&configURL=http://m.wsj.net/video-players/&autoStart=false" base="http://s.wsj.net/media/swf/"name="microflashPlayer"></param><embed src="http://s.wsj.net/media/swf/microPlayer.swf" bgcolor="#FFFFFF" flashVars="videoGUID={011BA74D-DDB6-4DDC-B350-80816A2ECA32}&playerid=4001&plyMediaEnabled=1&configURL=http://m.wsj.net/video-players/&autoStart=false" base="http://s.wsj.net/media/swf/" name="microflashPlayer" width="640" height="360" seamlesstabbing="false" type="application/x-shockwave-flash" swLiveConnect="true" pluginspage="http://www.macromedia.com/shockwave/download/index.cgi?P1_Prod_Version=ShockwaveFlash"></embed><br />[ See post to watch video ]</div></object></p>
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		<title>AMD Announces New Quad-Core Reorg</title>
		<link>http://allthingsd.com/20090507/amd-announces-new-quad-core-reorg/</link>
		<comments>http://allthingsd.com/20090507/amd-announces-new-quad-core-reorg/#comments</comments>
		<pubDate>Thu, 07 May 2009 11:55:19 +0000</pubDate>
		<dc:creator>John Paczkowski</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[AMD]]></category>
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		<guid isPermaLink="false">http://digitaldaily.allthingsd.com/?p=17114</guid>
		<description><![CDATA[After three years, AMD is finally getting around to merging it’s microprocessor and graphics divisions, another stab at reaching profitability after more than two years of losses. On Wednesday afternoon the company said it would consolidate the two divisions into one--platforms and products--led by SVP Rick Bergman.]]></description>
			<content:encoded><![CDATA[<p><img src="http://digitaldaily.allthingsd.com/files/2009/05/amd_raiders-sm.jpg" alt="amd_raiders-sm" title="amd_raiders-sm" width="200" height="200" class="alignright size-full wp-image-17116" />After three years, AMD is finally getting around to merging its microprocessor and graphics divisions, another stab at reaching profitability after more than two years of losses. On Wednesday afternoon the company said it would <a href="http://www.amd.com/us-en/Corporate/VirtualPressRoom/0,,51_104_543_15944~131177,00.html">consolidate the two divisions into one</a>&#8211;platforms and products&#8211;led by <a href="http://www.amd.com/us-en/Corporate/AboutAMD/0,,51_52_570_15126,00.html">SVP Rick Bergman</a>, who joined AMD after the company acquired ATI in 2006.</p>
<p>Platforms and products is one of four new operating units created in this latest restructuring, which also birthed an advanced technology group, a marketing group and a consumer group. Why this particular arrangement is any better than AMD’s reorg of a year ago&#8211;which spawned the Central Engineering Organization and Computing Solutions Group&#8211;is anyone’s guess. AMD CEO Dirk Meyer says it will optimize AMD’s operations and drive the company toward sustained profitability and long-term success. But then <a href="http://www.reuters.com/article/pressRelease/idUS204353+12-May-2008+BW20080512">he said that about the last one as well</a>.</p>
<p>Oh, speaking of that last reorg, <a href="http://www.amd.com/us-en/Corporate/AboutAMD/0,,51_52_570_15089,00.html">Randy Allen</a>, the 24-year AMD veteran who figured so prominently in the company, is leaving. AMD (AMD) offered no explanation for his departure and there’s no word yet on where he’s headed. That said, some surmise that he may be following a path beaten by two of his former colleagues, <a href="http://online.wsj.com/article/SB124104666426570729.html">Raja Koduri</a> and <a href="http://digitaldaily.allthingsd.com/20090427/what%E2%80%99s-apple-building-in-there/">Bob Drebin</a>, who both fled AMD for Apple (AAPL)</p>
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		<title>Time for AOLers to Meet Their New Sales Boss, Again</title>
		<link>http://allthingsd.com/20090430/time-for-aolers-to-meet-their-new-sales-boss-again/</link>
		<comments>http://allthingsd.com/20090430/time-for-aolers-to-meet-their-new-sales-boss-again/#comments</comments>
		<pubDate>Thu, 30 Apr 2009 13:12:24 +0000</pubDate>
		<dc:creator>Peter Kafka</dc:creator>
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		<guid isPermaLink="false">http://mediamemo.allthingsd.com/?p=6852</guid>
		<description><![CDATA[Kara Swisher broke the story last night, but for the record, here's the AOL press release announcing the Time Warner unit's umpteenth new sales boss. Meet Jeff Levick, a Google vet who replaces Yahoo vet Greg Coleman, who just started in February.]]></description>
			<content:encoded><![CDATA[<p><img class="alignright size-full wp-image-6855" title="jeff_levick" src="http://mediamemo.allthingsd.com/files/2009/04/jeff_levick.jpg" alt="jeff_levick" width="187" height="250" /></p>
<p>Kara Swisher <a href="http://kara.allthingsd.com/20090429/exclusive-platform-a-head-coleman-out-at-aol-as-well-as-cfo-and-more-to-come/">broke the story last night</a>, but for the record, here&#8217;s the AOL press release announcing the Time Warner unit&#8217;s umpteenth new sales boss. Meet Jeff Levick, a Google (GOOG) vet who replaces Yahoo (YHOO) vet Greg Coleman, who just started in February.</p>
<p>Coleman&#8217;s departure won&#8217;t come as a shock to many online ad executives, who were predicting he&#8217;d leave as soon as AOL CEO Tim Armstrong started on April 7, if not sooner.</p>
<p>Then again, Armstrong never asked Coleman to slow down or reconsider <a href="http://kara.allthingsd.com/20090226/aol-ad-head-greg-coleman-reorgs-too-its-spreading-like-the-flu-at-web-firms-today/">the reorg of the sales group</a> that he&#8217;d been undertaking on his own. Now it&#8217;s unclear whether he wants his former colleague to follow Coleman&#8217;s lead or blow every thing up yet again.</p>
<p>Presumably this will all be cleared up before Time Warner (TWX) <a href="http://mediamemo.allthingsd.com/20090429/time-warner-makes-it-official-aol-spinoff-is-coming/">spins off the Internet company</a>.</p>
<blockquote class="memo"><p>JEFF LEVICK NAMED HEAD OF AOL GLOBAL ADVERTISING AND STRATEGY</p>
<p>New York, NY – April 30, 2009 – AOL announced that Jeff Levick will join the company as President, Global Advertising and Strategy. In this new and expanded role, Levick will be responsible for Platform-A, AOL’s advertising business, as well as developing global revenue strategies. Levick comes to AOL from Google, where he was most recently VP of Industry Development and Marketing, The Americas. He will report directly to AOL Chairman and CEO Tim Armstrong.</p>
<p>“Our goal at AOL is to create great content and products, as well as make our advertising offerings the best in the industry for marketers and we are putting together the strategy to achieve that. I’m delighted that Jeff will be coming on board to lead this effort,” Armstrong said. “I’ve worked with Jeff for more than seven years at Google, and he is absolutely the right person to drive growth in our premium ad sales, dramatically scale our Advertising.com business, and further develop AOL’s research initiatives and consumer insights.”</p>
<p>“This is a perfect time to join AOL and I firmly believe that AOL’s best days are ahead of it,” said Levick. “The company has one of the largest and most engaged audiences on the Web, some of the best advertising technology in the business, and a powerful third-party network. There is great opportunity here for us to capture.”</p>
<p>As a result of this change, Greg Coleman will be leaving Platform-A, where he has served as President since early February 2009.</p>
<p>“In only a short time, Greg made a strong imprint on Platform-A’s sales organization – reorganizing and refocusing the team,” said Armstrong. “I appreciate his efforts and know that they will contribute to the work that lies ahead with Platform-A.”</p>
<p>Levick will officially join AOL in the coming weeks. At Google, Levick was responsible for business marketing activities for the Americas as well as sales development and strategy for all of the vertical industries covered by Google&#8217;s Americas sales organization. Levick joined Google in 2001 and has held various executive management positions in the company’s advertising sales organization in both North America and Europe.</p>
<p>Prior to joining Google, Levick served as a corporate attorney with a specialty in mergers and acquisitions at the international law firm of Katten Muchin Rosenman, and held roles at various online ventures in Chicago. He currently serves on the board of directors of Helium.com, the advisory board of the College of Communications at DePaul University and as an advisory board member of the global trade organization Search Engine Strategies (SES). Levick holds a J.D. from DePaul University and a bachelor&#8217;s degree from New York University, where he graduated cum laude.</p></blockquote>
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		<title>Stop Me if You&#039;ve Heard This One: Yahoo Management and Staff Set on Shuffle Again</title>
		<link>http://allthingsd.com/20090415/stop-me-if-youve-heard-this-one-yahoo-management-and-staff-set-on-shuffle-again/</link>
		<comments>http://allthingsd.com/20090415/stop-me-if-youve-heard-this-one-yahoo-management-and-staff-set-on-shuffle-again/#comments</comments>
		<pubDate>Wed, 15 Apr 2009 08:31:09 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
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		<category><![CDATA[Yahoo]]></category>
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		<guid isPermaLink="false">http://kara.allthingsd.com/?p=11417</guid>
		<description><![CDATA[Yes, more layoffs are indeed coming to Yahoo, sources confirmed to BoomTown, but perhaps even more than have been reported.

But that's not all, as even more top-level managers are either leaving or being moved around the ever-changing organizational structure at Yahoo.

That includes a longtime top sales operations exec, Dan Foehner, who is about to start at Facebook next week, as well as others contemplating leaving, on their way out or being reshuffled.

In other words, business as usual at the tumultuous company, whose nickname should be "Reorg."]]></description>
			<content:encoded><![CDATA[<p><a href="http://kara.allthingsd.com/files/2009/04/shuffle-black.png"><img src="http://kara.allthingsd.com/files/2009/04/shuffle-black-220x300.png" alt="shuffle-black" title="shuffle-black" width="220" height="300" class="alignright size-medium wp-image-12285" /></a></p>
<p>Yes, more layoffs are indeed coming to Yahoo, sources confirmed to BoomTown, but perhaps even <em>more</em> than have been reported.</p>
<p>But that&#8217;s not all, as even more top-level managers are either leaving or being moved around the ever-changing organizational structure at Yahoo (YHOO).</p>
<p>That includes a longtime top sales operations exec, Dan Foehner, who is about to start at Facebook next week, as well as others contemplating leaving, on their way out or are being reshuffled.</p>
<p>In other words, business as usual at the tumultuous company, whose nickname should be &#8220;Reorg.&#8221;</p>
<p>First, the layoffs, which the <a href="http://www.nytimes.com/2009/04/15/technology/companies/15yahoo.html?ref=technology">New York Times was first to report yesterday would be announced Tuesday</a> (side note to Damon&#8211;<em>this</em> is how you link to scoops) during Yahoo&#8217;s first-quarter earnings call and could impact several hundred employees.</p>
<p>The quarterly results are expected to be weak by most analysts, which is why more layoffs&#8211;which had been mentioned by the company as a possibility&#8211;are an obvious move.</p>
<p>But several internal sources said Yahoo staff is bracing for employee departures that might to be even higher, as many as 500 or more.</p>
<p>That could mean a complete lopping off or sale of various business units that Yahoo CEO Carol Bartz has been evaluating since she arrived in January.</p>
<p>Why? Well, several employees said they were told the new round of cuts will not actually take place until June and that Yahoo HR is now preparing to follow the rules required by the <a href="http://www.doleta.gov/layoff/warn.cfm">Worker Adjustment and Retraining Notification Act.</a></p>
<p>Under the complex federal guidelines, Yahoo must provide a written WARN notice to affected employees &#8220;at least 60 calendar days in advance of covered plant closings and mass layoffs.&#8221; WARN notices are triggered for a variety of reasons, although a smaller number of layoffs across many units typically does not require it.</p>
<p><a href="http://kara.allthingsd.com/files/2009/04/no-jobs-signjpg.jpeg"><img src="http://kara.allthingsd.com/files/2009/04/no-jobs-signjpg.jpeg" alt="no-jobs-signjpg" title="no-jobs-signjpg" width="214" height="217" class="alignleft size-full wp-image-12286" /></a></p>
<p>A WARN notice is required, for example, when an employer shuts down a facility or operating unit within a single site of employment and lays off at least 50 full-time workers, as well as when an employer lays off 500 or more full-time workers at a single site of employment.</p>
<p>In its last two layoffs, Yahoo issued WARN notices and slashed about 2,500 jobs in total last year, leaving it with about 13,600 employees world-wide at the end of 2008.</p>
<p>But some of Yahoo managers are still leaving on their own.</p>
<p>Many top engineers, for example, <a href="http://digitaldaily.allthingsd.com/20090327/microsoft-acquiring-yahoo-one-employee-at-a-time">have taken jobs of late at Microsoft</a> (MSFT) after the software giant installed a Yahoo tech star, <a href="http://kara.allthingsd.com/20081204/microsoft-confirms-qi-lu-hired-as-digital-chief-mcandrews-out">Qi Lu</a>, as its top online exec.</p>
<p>And, BoomTown reported earlier, there have also been numerous departures of key staff recently, including: PR head <a href="http://kara.allthingsd.com/20090202/yahoo-pr-head-jill-nash-to-depart-the-company">Jill Nash</a>, Zimbra founder <a href="http://kara.allthingsd.com/20090121/zimbra-founder-satish-dharmaraj-to-depart-yahoo">Satish Dharmaraj</a> and soon, high-ranking techie <a href="http://kara.allthingsd.com/20090331/another-yahoo-to-go-venkat-panchapakesan-on-his-way-out">Venkat Panchapakesan</a>.</p>
<p>And more still, it seems.</p>
<p>Yahoo&#8217;s VP of Sales Operations Foehner, for example, is headed out after a long stint at the company and is going to Facebook, said several sources inside and outside the company.</p>
<p>On <a href="http://twitter.com/foehner">Foehner&#8217;s Twitter</a> page, he tweets about a new unnamed job, as well as an athletic endeavor (Foehner is a dedicated triathlete): &#8220;back in pleasanton. starting bike adventure on thurs. start new gig on monday. 9 weeks til CdA!&#8221;</p>
<p>There is also a lot more movement inside Yahoo, as the reorganization done by Bartz in February shakes out.</p>
<p>Typical of this is Mike Walrath, the high-profile former CEO of Right Media, an online ad exchange snapped up by Yahoo for $720 million in 2007, who is now an advertising-focused SVP at Yahoo.</p>
<p><a href="http://kara.allthingsd.com/files/2009/04/hilary_schneider_thumbjpg.jpeg"><img src="http://kara.allthingsd.com/files/2009/04/hilary_schneider_thumbjpg.jpeg" alt="hilary_schneider_thumbjpg" title="hilary_schneider_thumbjpg" width="80" height="110" class="alignright size-full wp-image-12287" /></a><a href="http://kara.allthingsd.com/files/2009/04/ari_balogh_thumbjpg.jpeg"><img src="http://kara.allthingsd.com/files/2009/04/ari_balogh_thumbjpg.jpeg" alt="ari_balogh_thumbjpg" title="ari_balogh_thumbjpg" width="80" height="110" class="alignright size-full wp-image-12288" /></a></p>
<p>Now Walrath is moving out from under the purview of Yahoo North America EVP Hilary Schneider and will report to Ari Balogh, EVP of Products and CTO, as all search products seem to be rolling up through his organization. (Both Balogh and Schneider are pictured here.)</p>
<p>While there are other key execs at Yahoo&#8211;see <a href="http://yhoo.client.shareholder.com/press/management.cfm">this drastically downsized Yahoo management page</a>, which used to be a <em>lot</em> longer&#8211;Balogh and Schneider have roughly split the company into two parts, product and engineering for Balogh and the bulk of the content and advertising businesses under Schneider.</p>
<p>Bartz is at the top, of course, and moving parts is not a complete surprise, said one exec, as she gets more control of the company.</p>
<p>&#8220;The last reorg was a blunt instrument, so now she is starting to surgically move people around or even out, after seeing what staff can and can&#8217;t do and what fat there still is,&#8221; said one exec close to the situation.</p>
<p>That&#8217;s no small comfort to Yahoo&#8217;s reorg-and-layoff-weary staff, especially at its Sunnyvale, Calif., HQ in the heart of Silicon Valley.</p>
<p>When Bartz <a href="http://kara.allthingsd.com/20090226/one-last-yahoo-reorg-missive-bartz-tells-employees-what-she-already-said-again/">announced her big reorganization in late February</a>, she declared a moratorium to the endless reorganizations that had plagued the company&#8217;s troops for far too many years.</p>
<p>Wrote Bartz in an email to Yahoo employees about her new management lineup:</p>
<p>&#8220;I know you guys have reorg fatigue. Hang in there&#8211;our intention is to leave this structure in place for two to four years. We&#8217;ll continue to make adjustments as needed, but we expect this core structure to stay put.&#8221;</p>
<p>Perhaps the core is still solid, but a lot is still quite undefined at Yahoo, as it seeks to right its shaky fortunes.</p>
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		<title>More Reorging for AOL&#039;s Ad Unit, Platform-A: The Latest Memo</title>
		<link>http://allthingsd.com/20090326/more-reorging-for-aols-ad-unit-platform-a-the-lastest-memo/</link>
		<comments>http://allthingsd.com/20090326/more-reorging-for-aols-ad-unit-platform-a-the-lastest-memo/#comments</comments>
		<pubDate>Thu, 26 Mar 2009 14:12:37 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[Media]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[advertising]]></category>
		<category><![CDATA[AOL]]></category>
		<category><![CDATA[BoomTown]]></category>
		<category><![CDATA[digital]]></category>
		<category><![CDATA[Greg Coleman]]></category>
		<category><![CDATA[Kara Swisher]]></category>
		<category><![CDATA[memo]]></category>
		<category><![CDATA[Platform-A]]></category>
		<category><![CDATA[Randy Falco]]></category>
		<category><![CDATA[reorg]]></category>
		<category><![CDATA[reorganization]]></category>
		<category><![CDATA[sales]]></category>
		<category><![CDATA[Tim Armstrong]]></category>
		<category><![CDATA[Time Warner]]></category>
		<category><![CDATA[Yahoo]]></category>

		<guid isPermaLink="false">http://kara.allthingsd.com/?p=11340</guid>
		<description><![CDATA[The undoing of previous management of AOL continues at the Time Warner online unit with even more reorganization of its Platform-A advertising unit.

Sources said the changes are part of a simplifying of the division, one of three at AOL (the others are communications and content).

Platform-A head Greg Coleman penned a memo about the changes, which went out to staff this morning and is below in its entirety.

Headline: Execs moving in and out of musical chairs and fewer cooks in the kitchen, or "more people on the street selling."]]></description>
			<content:encoded><![CDATA[<p><a href="http://kara.allthingsd.com/files/2009/03/changes-coming.gif"><img src="http://kara.allthingsd.com/files/2009/03/changes-coming-250x250.gif" alt="changes-coming" title="changes-coming" width="250" height="250" class="alignright size-medium wp-image-11341" /></a></p>
<p>The undoing of previous management of AOL continues at the Time Warner (TWX) online unit with even more reorganization of its Platform-A advertising unit.</p>
<p>Sources said the changes are part of a simplifying of the division, one of three at AOL (the others are communications and content).</p>
<p>Platform-A head Greg Coleman, who used to run ad sales at Yahoo (YHOO) and should know from reorgs, had <a href="http://kara.allthingsd.com/20090226/aol-ad-head-greg-coleman-reorgs-too-its-spreading-like-the-flu-at-web-firms-today">already done some rejiggering in late February</a> after he arrived.</p>
<p>Coleman&#8211;who was hired by former CEO Randy Falco, but will be staying anyway under <a href="http://kara.allthingsd.com/20090325/tiny-tim-takes-over-aol-but-does-he-have-big-plans/">new head Tim Armstrong</a>&#8211;penned a memo about the changes, which went out to staff this morning and is below in its entirety.</p>
<p>Headline: Execs moving in and out of musical chairs and fewer cooks in the kitchen, or &#8220;more people on the street selling.&#8221;</p>
<p>Here&#8217;s the entire memo, after the jump:</p>
<p><span id="more-11340"></span></p>
<blockquote class="memo"><p>To: Platform-A US employees</p>
<p>From: Greg Coleman</p>
<p>Subject line: Organizational announcement</p>
<p>Dear Platform-A colleagues,</p>
<p>At our last All Hands meeting we discussed the need to move quickly to position Platform-A to grow revenues and gain share in today’s tough market. We talked about how we are putting together a plan of action that we can implement quickly, and how we need to move aggressively to better align our sales force, and get more people on the street selling.</p>
<p>Today, we’re announcing the first steps we’re taking to implement this plan.</p>
<p>First, I’m pleased to announce that we’ve named Chris Maccaro VP New York, where he will lead an expanded regional sales team in our largest market. Chris has worked in a variety of roles in his six years at AOL, most recently as VP Property Sales. Prior to that, he was a Regional Sales Director in New York. Chris will be announcing his leadership team and sales structure over the next few weeks. The New York, Boston and Mid-Atlantic offices will report into Mark Ellis on an interim basis. Also, our Toronto office will now report into Rick Simmons and become part of the Midwest Region.</p>
<p>As a part of this realignment, Brent Spitzer will be leaving the company. Brent has made many tremendous contributions to our organization over the past nine years. Please join me in thanking him for everything he’s done for Platform-A and wishing him all the best on his next endeavor.</p>
<p>Next, we will be disbanding of the Property and Category sales teams and realigning many of the talented individuals from those teams into regional sales and other parts of the organization. Both teams were instrumental in providing vertical focus and sales pressure over the past year, but there is a more urgent need now to drive direct advertiser demand and relationships. Our Homepage and Multicultural teams will remain intact and will report to Ron Bernstein.</p>
<p>The Product Sales team will continue to report to Julie Greenhouse but will move under Don Kennedy, as will Ben Trenda who runs Agency Partnerships and Global Alliances. Don will also create a small team of sales specialists who will focus exclusively on driving network revenue through the regional sales teams. Don will be working to build his team and will announce details of his organization in the next few weeks.</p>
<p>We all recognize the need to drive world class customer solutions more effectively and efficiently. To that end, we are creating a new Marketing Solutions organization, which will combine the current Strategy, Marketing and Property Sales Development teams. This new organization will focus on the needs of sales and the customer, and will harness the assets of MediaGlow, the Advertising.com network and our other best-of-breed products. We’re beginning a search for a strong leader to run the Marketing Solutions organization. We are also beginning a search for a highly credentialed Research Director to support sales. In the interim, Doug Boccia, Aleck Schleider and Blake Pierson will report to Mark Ellis. Anne Hunter and her ADlytics team will now report into Peter Ban and the Business Intelligence organization.</p>
<p>We are not planning any near-term structural changes in our Account Management organization. This team is critical to our success in scaling revenue, and it has risen to the occasion throughout the integration of Platform-A and our migration to ADTECH.</p>
<p>I realize that these are widespread changes, but they are necessary for us to succeed. There will be a transition period of several weeks where we will provide more structural clarity and displaced individuals will be able to interview for open positions.</p>
<p>I can’t tell you how encouraged and excited I am about the progress we are making and what we’re going to accomplish at Platform-A. These changes are the first steps in moving forward to build a world-class sales organization.</p>
<p>Greg</p></blockquote>
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		<title>New Yahoo Management Structure: The Entire Memo</title>
		<link>http://allthingsd.com/20090226/new-yahoo-management-structure-the-entire-memo/</link>
		<comments>http://allthingsd.com/20090226/new-yahoo-management-structure-the-entire-memo/#comments</comments>
		<pubDate>Thu, 26 Feb 2009 19:46:10 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[Mobile]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Ari Balogh]]></category>
		<category><![CDATA[Ash Patel]]></category>
		<category><![CDATA[Blake Jorgensen]]></category>
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		<category><![CDATA[Carol Bartz]]></category>
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		<category><![CDATA[David Dibble]]></category>
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		<category><![CDATA[Michael Callahan]]></category>
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		<category><![CDATA[North America]]></category>
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		<category><![CDATA[Yahoo]]></category>

		<guid isPermaLink="false">http://kara.allthingsd.com/?p=10432</guid>
		<description><![CDATA[Along with Yahoo CEO Carol Bartz's external email earlier today,  the company also outlined the new management structure in another memo.

It's pretty much what BoomTown has been reporting all week. Top-down simplification, which is another word for: Carol rules over Yahoo.

CTO Ari Balogh gets a lot of stuff as new head of products, and so does U.S. head Hilary Schneider, including mobile, as EVP of North American Region. Bot report to Bartz.

Here's the entire memo of Yahoo's new organization.]]></description>
			<content:encoded><![CDATA[<p>Along with <a href="http://kara.allthingsd.com/20090226/bartz-blogs-reorg-the-entire-memo-to-employees/">Yahoo CEO Carol Bartz&#8217;s external email earlier today</a>, the company also outlined the new structure in another memo.</p>
<p>It&#8217;s pretty much what BoomTown <a href="http://kara.allthingsd.com/20090225/more-on-yahoo-reorg-in-process-ari-and-hilary-rule-but-who-is-joel-jones/">has been reporting all week</a> about the reorg.</p>
<p>Top-down simplification, which is another word for: Carol rules over Yahoo (YHOO).</p>
<p>CTO Ari Balogh gets a lot of stuff as new head of products, and so does U.S. head Hilary Schneider, including mobile, as EVP of North American Region. Both report to Bartz.</p>
<p>Unmentioned, but Audience Products head Ash Patel is still in. So is General Counsel Michael Callahan.</p>
<p>New chief marketing officer is Elisa Steele, who come from NetApps (NTAP). Bartz happens to be on the board of NetApps, by the way.</p>
<p>New International head TBD.</p>
<p>Bartz also sent an email to employees about the changes.</p>
<p>Here is the entire memo:</p>
<blockquote class="memo"><p>New Yahoo! Management Structure Overview</p>
<p>February 26, 2009</p>
<p>·         Our goal as a company is simple:  to consistently deliver awesome consumer and advertiser experiences everywhere in the world we do business. So we’re creating an organization to enable improvements in our product quality and operational efficiency, as well as clear decision making and accountability.</p>
<p>·         Tech and Product groups will be combined to create a single organization called Products. Products will be led by Ari Balogh as EVP of Products and CTO, reporting to Carol Bartz, with the goal of enabling extraordinary consumer experiences tied to compelling advertiser and publisher offerings. This organization is responsible for the vision, strategy, and quality of every product we create&#8211;regardless of region, device format or category.</p>
<p>·         There are now two regions&#8211;North America and International. The regions are responsible for delivering Yahoo!’s products, programming and services to consumers, partners and advertisers in local markets. North America will be led by Hilary Schneider, EVP, North American Region, reporting to Carol Bartz. International’s leader will be hired soon.</p>
<p>.         Mobile will continue to be a key priority for Yahoo!.  Going forward, David Ko will lead the mobile business, strategy and monetization teams for Yahoo! (Head of Global Mobile Business, reporting to Hilary Schneider). All of our product teams will be responsible for incorporating mobile innovations into their products.</p>
<p>·         A Chief Marketing Officer (CMO) role has been created to oversee our global marketing strategy and provide direction for our marketing function. Today, we named our new CMO, Elisa Steele.  Elisa starts on March 23.  She will bring together the various marketing teams that have been spread across the company.</p>
<p>·         A new Customer Advocacy group will help us to better hear the voice of the customer (consumers/advertisers) across the company and incorporate what we hear into all our work throughout Yahoo!. We will hire a new leader for this team.</p>
<p>·         The newly created Service Engineering &#038; Operations (SE&#038;O) team will be chartered with delivering common technology services at scale, including application management and infrastructure.  The team will be led by David Dibble, SVP of SE&#038;O. We’re bringing Service Engineering together as one group because these engineers bring expertise that is best applied horizontally.</p>
<p>·         Our corporate functions will consist of HR led by David Windley, Legal led by Michael Callahan, and our CFO is to be hired, with Blake Jorgensen remaining through the transition.  Joel Jones will serve as Carol Bartz’s chief of staff.</p>
<p>·         This structure is designed to last two to four years; however, we’ll continue to make adjustments as needed.  But we expect this core structure will stay in place.</p>
<p>·         These changes become effective immediately.</p></blockquote>
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		<title>Liveblogging the Facebook Our-ToS-Is-Your-ToS Press Conference</title>
		<link>http://allthingsd.com/20090226/liveblogging-the-facebook-our-tos-is-your-tos-press-conference/</link>
		<comments>http://allthingsd.com/20090226/liveblogging-the-facebook-our-tos-is-your-tos-press-conference/#comments</comments>
		<pubDate>Thu, 26 Feb 2009 19:14:56 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[Media]]></category>
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		<category><![CDATA[Social]]></category>
		<category><![CDATA[advertising]]></category>
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		<guid isPermaLink="false">http://kara.allthingsd.com/?p=10418</guid>
		<description><![CDATA[BoomTown is impatiently cooling heels waiting for a press conference to begin about "new steps Facebook is taking to improve user understanding and ownership of the Facebook terms of service and, more generally, the policies of the Facebook service."

The Yahoo reorg finally announced this morning is positively thrilling in comparison! It's like being at the Constitutional Convention, except for geeks.

But we're liveblogging it anyway!]]></description>
			<content:encoded><![CDATA[<p><a href="http://kara.allthingsd.com/files/2009/02/terms.jpg"><img src="http://kara.allthingsd.com/files/2009/02/terms-300x225.jpg" alt="terms" title="terms" width="275" height="200" class="alignright size-medium wp-image-10484" /></a></p>
<p>BoomTown is impatiently cooling heels, waiting for a press conference to begin about &#8220;new steps Facebook is taking to improve user understanding and ownership of the Facebook terms of service and, more generally, the policies of the Facebook service.&#8221;</p>
<p>The <a href="http://kara.allthingsd.com/20090226/bartz-blogs-reorg-the-entire-memo-to-employees/">Yahoo (YHOO) reorg finally announced this morning</a> is positively thrilling in comparison!</p>
<p>But we&#8217;re liveblogging it anyway!</p>
<p>Here&#8217;s what I got in the morning mail:</p>
<p><em>Hi Kara&#8211;</p>
<p>You are invited to participate in a press conference call with Mark Zuckerberg today at 11am PT where he will announce the new steps Facebook is taking to improve user understanding and ownership of the Facebook terms of service and, more generally, the policies of the Facebook service.</p>
<p>For more and future updates we encourage you to join the Facebook Group called the Official Group for Media &#038; Analysts Following Facebook.</em></p>
<p>Also this:</p>
<p><em>Subject: Facebook Opens Governance of Service and Policy Process to Users</p>
<p>Today we’re announcing new opportunities for users to play a meaningful role in determining the policies governing our site. We released the first proposals subject to these procedures&#8211;The Facebook Principles, a set of values that will guide the development of the service, and Statement of Rights and Responsibilities that governs Facebook’s operations. Users will have the opportunity to review, comment and vote on these documents over the coming weeks and, if they are approved, other future policy changes. We’ve posted the documents in separate groups and have invited users to offer comments and suggestions. You can find these groups here:</p>
<p>Facebook Principles</p>
<p>http://www.facebook.com/group.php?gid=54964476066</p>
<p>Statement of Rights and Responsibilities</p>
<p>http://www.facebook.com/group.php?gid=67758697570</p>
<p>For more information and the full press release, please check out the recent news section of this group.</p>
<p>As always, you can feel free to email us with any questions at press@facebook.com</p>
<p>Thanks,<br />
The Facebook Team</em></p>
<p><strong>11:11 am:</strong></p>
<p>Facebook PR honcho Elliot Schrage opens up the conference, but I am honestly only hear: &#8220;Blah, blah, blah.&#8221;</p>
<p>Then, Facebook Founder and CEO Mark Zuckerberg comes on.</p>
<p>&#8220;Openness and transparency is not just an end state,&#8221; he said. &#8220;It&#8217;s also a process.&#8221;</p>
<p><a href="http://kara.allthingsd.com/files/2009/02/bdsdtit2.jpg"><img src="http://kara.allthingsd.com/files/2009/02/bdsdtit2-300x208.jpg" alt="bdsdtit2" title="bdsdtit2" width="275" height="180" class="alignleft size-medium wp-image-10486" /></a></p>
<p><em>Say what, Willis?</em></p>
<p>Soon Zuckerberg is explaining how he wants to craft Facebook&#8217;s rules of the road going forward. It&#8217;s like being at the Constitutional Convention, except for geeks.</p>
<p>Alert! Comment! Notify! Transparency! <em>Oversharing!</em></p>
<p><strong>11:17 am:</strong></p>
<p>&#8220;We want to be as clear as possible that we do not own user data,&#8221; said Zuckerberg. &#8220;We feel really bad about that.&#8221;</p>
<p>Us too!</p>
<p><strong>11:21 am:</strong></p>
<p>I get to ask the first question, which is about how this whole mess happened.</p>
<p>Zuckerberg said Facebook had made previous changes all the time to its Terms of Service to complex legal documents. This time, in trying to make them simpler, &#8220;we made a few mistakes,&#8221; which in turn set off a firestorm.</p>
<p>Ah, the mistakes-were-made defense!</p>
<p>&#8220;A lot of the feedback was fair,&#8221; acknowledged Zuckerberg, who then talked about the new notification and feedback and comments options, so it will not happen ever again. Except next month.</p>
<p>Also, there will be a vote. Well, only on some issues that get people all hot and bothered, presumably. But who decides what gets voted on and who wins the vote?</p>
<p>Unclear. But vote early and often.</p>
<p>But, said Schrage: &#8220;We underestimated the sense of ownership&#8221; that Facebook users have for the service.</p>
<p><strong>11:25 am:</strong></p>
<p>A question about whether or not Facebook should have known better after its Beacon advertising debacle.</p>
<p>Not the same thing, said Zuckerberg. But point taken!</p>
<p><strong>11:27 am:</strong></p>
<p>More legal stuff. <em>Zzzzzz</em>.</p>
<p>Then a question on phishing scams. Off topic! Schrage cuts it off tout de suite. Sorry, fella, but this is about one screw-up at a time.</p>
<p>Another shouldn&#8217;t-you-have-known-better related question, referring back to the News Feed debacle of 2007. That was before the Beacon debacle of 2008. Which was before the ToS debacle of 2009. (Is anyone noticing a pattern here?)</p>
<p><a href="http://kara.allthingsd.com/files/2009/02/casper.gif"><img src="http://kara.allthingsd.com/files/2009/02/casper.gif" alt="casper" title="casper" width="150" height="245" class="alignleft size-full wp-image-10487" /></a></p>
<p>In other words, Facebook should have known better.</p>
<p>Radical transparency, said Zuckerberg: &#8220;This is all about us trusting our users.&#8221;</p>
<p>He might start that ball rolling by not sneaking up on us all the time.</p>
<p><strong>11:33 am:</strong></p>
<p>More about rules of the road. More about the transparent community.</p>
<p>Zuckerberg is now fully channelling Casper the Friendly Ghost.</p>
<p>Call ends.</p>
<p><em>Boo!</em></p>
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