More on Yahoo Reorg: Sue Decker’s Memo
By Rafat Ali - Wed 29 Aug 2007 05:10 PM PST
We got the full internal memo Sue Decker sent this afternoon to the team, on Yahoo’s (Nsdq: YHOO) reorg..the full memo is here. See our earlier post on the reorg. Salient points from the memo:
-- Jerry and I and the rest of the management team have been taking a close look at our business
-- Coleman is leaving but will stay for the transition until Feb next year.
-- We are placing responsibility for all of our “partners” – advertisers, agencies, resellers, publishers, ad networks, developers, or others--in a new division called, Global Partner Solutions (GPS), under the leadership of Hilary Schneider.
-- Business development deals for Mobile and content the will continue to be led by Connected Life and the Yahoo! Network Division, respectively, and will work in close coordination with GPS.
-- The organizational changes that will accompany this change are to move Global Sales, the Online Channel, the Yahoo! Publisher Network, Corporate Partnerships and Hot Jobs under the single umbrella of Global Partner Solutions. Reporting to Hilary will be David Karnstedt – SVP, North American Sales; Jacki Kelley – VP, Sales Strategy; Dan Foehner – VP, Worldwide Sales Operations; Mark Rabe – VP, Cross Border Sales; Rich Riley – SVP, Online Channel Division; Todd Teresi – SVP, Yahoo! Publisher Network; Jim Schinella – SVP, Corporate Partnerships; and Jeff Kinder – SVP/GM, Hot Jobs.
-- We are moving the properties in the Local Markets and Commerce Division (LMC), excluding HotJobs, from Hilary’s organization into the Yahoo! Network Division under Jeff Weiner’s strong leadership.
-- Jen Dulski will continue to lead Shopping, Travel, Auto, Real Estate and Local under Jeff and Anna Zornosa will continue to lead Personals.
-- The engineering function will also moved to align with the product team and will report into Venkat Panchapakesan.






