Yahoo COO Rosenweig Resigns; Company Reorganization Announced

Yahoo has announced that it is reorganizing the company into three major operating groups, one focused on audience development, another for advertisers & publisher services and the third focusing on technology. Chief Financial Officer Susan Decker will leave her position to head the advertiser and publisher group. Chief Technology Officer Farzad Nazem will head the technology group, while a search is underway for someone to head the audience division. Along with the changes it was announced that Dan Rosensweig, Yahoo's chief operating officer, will leave Yahoo at the end of March. More details in the press release below. Postscript: Lots of commentary and analysis coming in now, which you can find here on Techmeme, plus Yahoo CEO Terry Semel has a blog post here, though it is similar to the press release.