Yahoo! Inc. said it’s promoting Laurie Mann to chief information officer, replacing Mike Kail, who is stepping down after less than a year on the job.
Replacing Mann is Enrique Munoz Torres, who has been promoted to senior vice president of product and engineering, overseeing search, the company said in an e-mailed statement Tuesday. Torres was a key player in developing the company’s Gemini platform, which combines search advertising with “native” promotions that are designed to blend more seamlessly with digital content.
Kail chose to leave, Yahoo said, without giving further comment. The executive has faced legal challenges since joining the Web portal. In November, his former employer, Netflix Inc., sued him for fraud, claiming he took cash kickbacks from two suppliers and had deals to receive stock, money or gift cards from other vendors. Kail didn’t immediately respond to a request for comment.
Chief Executive Officer Marissa Mayer is trying to drive a turnaround at the company, which has struggled to add users to woo advertisers. Kail’s departure is the latest in a series of management shakeups. Kevin Gentzel, is leaving the company after less than a year, Yahoo said in a message earlier this month. Last month, the company said Senior Vice President Mike Kerns is planning to leave as Yahoo focuses more attention on emerging businesses.
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