Yahoo loses another exec
Departure of Bryan Lamkin, senior vice president for the consumer products group, is leaving the company after little more than a year on the job.
There's been another high-level departure at Yahoo. Bryan Lamkin, senior vice president for the consumer products group, is leaving the company after little more than a year on the job.
"Bryan Lamkin, SVP, Consumer Products Group, has decided to leave Yahoo to pursue a new entrepreneurial venture," Yahoo said in a statement. "His last day will be May 28, and he'll spend the next several weeks focused on ensuring a smooth transition. We wish him all the best in his new endeavors."
Why is Lamkin bowing out? Sources say he didn't get along too well with CEO Carol Bartz. Lamkin, for his part, says it's simply time to move on.
"My time at Yahoo has been extremely valuable and I'm proud of what we've accomplished since I started. While on a personal level, the time is now right for me to transition to a new, entrepreneurial-focused venture, I firmly believe that Yahoo is in a unique position and has the right strategy in place to create an exciting new wave of consumer experiences."
Lamkin's departure is the latest in what's fast becoming an executive exodus at Yahoo. In March, Joanne Bradford, the company's SVP of U.S. Revenue and Market Development, left for a new gig at Demand Media. A month later, CTO and chief product officer Ari Balogh said he was leaving as well.