CNET también está disponible en español.

Ir a español

Don't show this again

Christmas Gift Guide
Internet

GeoCities CEO resigns

GeoCities chief executive Tom Evans resigns on the heels of Yahoo's completing its acquisition of the community site.

GeoCities chief executive Tom Evans has resigned, on the heels of Yahoo's completing its acquisition of the community site.

Yahoo had earlier said that Evans would stay on as senior vice president of industry relations following Yahoo's $5 billion buyout of GeoCities, completed last month. But some had speculated that Evans's plans were in flux after the acquisition's close.

More than half of GeoCities' 300 workers were laid off in the wake of the acquisition. GeoCities founder David Bohnett is now an outside advisor on community affairs for Yahoo.

"My work is done," Evans told CNET News.com today. "I spent eight or nine years running companies, and I'd like to take some time off."

Evans said that the integration of GeoCities into Yahoo had produced "powerful" results. As for his own employment plans, he said had been approached by a number of firms, mostly Internet related, and that while he was interested in getting back into the game at some point, nothing was imminent.