Yahoo Marketing Exec Quits

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Yahoo Inc.'s chief marketing officer, Cammie Dunaway, is leaving the company in two weeks, joining a management exodus that has unfolded as the Internet icon struggles to snap out of a financial funk. The Sunnyvale-based company didn't give a reason for Dunaway's departure in a Friday statement, but the move does come shortly after Yahoo announced a 5% drop in Q3 profits. Dunaway, who joined Yahoo in 2003, had been Yahoo's head of customer experience as well as chief marketing officer. Her last day on the job will be Nov. 2.

Allen Olivo, Yahoo's vice president of global brand marketing, will take over Dunaway's duties until a permanent replacement is found. Yahoo's management team has changed dramatically during the past year amid an effort to accelerate growth and lift the company's sagging stock price. The downturn prompted Yahoo Chairman Terry Semel to step down as chief executive four months ago and turn over the reins to company co-founder Jerry Yang. Other prominent departures have included Yahoo's former president, Dan Rosensweig, as well as its chief technology officer and top sales executive in the United States.

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#1 Esvandiary on 20 Oct 2007 - 12:51

A "financial funk"? Should that be flunk (or something much more rude) or is this a new genre of music I have yet to be introduced to?

#2 justywusty on 20 Oct 2007 - 13:53

I read this at http://gonintendo.com:

Quote -

Yahoo’s Cammie Dunaway may very well be filling a spot at Nintendo. Here’s a bit from her internal memo that was sent around the office.

“While I can’t share the specifics until mid next week, suffice it to say that it is a natural fit for someone who loves driving profitable revenue for big, well loved consumer brands and can’t pass up the opportunity to be the coolest Mom in the universe.”

If that doesn’t scream Nintendo, I don’t know what else does.

#3 carmatic on 21 Oct 2007 - 03:53

the end of yahoo is near! i think...

#4 cork1958 on 21 Oct 2007 - 11:24

Quit filling the main Yahoo page up with SO MUCH garbage and maybe people would use the site more again and quit playing around with mail settings/options too.

#5 este on 22 Oct 2007 - 06:03

defenetly just bailed out .. uhoh ..

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