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Short Take: eGroups CEO steps down

Community Web site eGroups announced that its chief executive, Martin Roscheisen, will take a leave of absence from the company. Roscheisen is expected to return, but he will only play a strategic role, the company said. Venture capitalist Michael Moritz of Sequoia Capital will serve as chief executive until a new one is appointed.

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Community Web site eGroups announced that its chief executive, Martin Roscheisen, will take a leave of absence from the company. Roscheisen is expected to return, but he will only play a strategic role, the company said. Venture capitalist Michael Moritz of Sequoia Capital will serve as chief executive until a new one is appointed.

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