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Executive departures coming down all over

With the new year comes an onslaught of executive changes, highlighted this week by Beyond.com's shift to focus on the business-to-business markets and last week by Bill Gates' departure from the helm of Microsoft.

 

  latest developments 

With the new year comes an onslaught of executive changes, highlighted this week by Beyond.com's shift to focus on the business-to-business markets and last week by Bill Gates' departure from the helm of Microsoft.

"(Beyond.com) spent a lot of money on marketing and didn't get the results they were looking for on their consumer business side."

- Mark Rowen, Prudential Securities analyst

 


Beyond.com CEO resigns as firm shifts focus
update The online software retailer is reorganizing to focus on the business-to-business market, and it plans to lay off about 20 percent of its work force.

Baan loses another executive
A little more than a week after the Netherlands-based business software company's CEO jumped ship, Baan chief financial officer James Mooney says he is also stepping down.

previous coverage
Wal-Mart chief steps aside
The retailer, operator of Web store Wal-Mart.com, says that chief executive David Glass will immediately step down and be succeeded by chief operating officer Lee Scott.

Gates turns over reins of his empire
update Bill Gates says he will cease being CEO of the software giant and hand over the reins to president Steve Ballmer. Gates will remain as chairman.

Barnesandnoble.com chief calls it quits
update Barnesandnoble.com says that chief executive Jonathan Bulkeley has resigned after only one year of heading up the online bookseller.