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MySpace CEO Resigns
engine




msg:4078339
 2:00 pm on Feb 11, 2010 (gmt 0)

MySpace CEO Resigns [uk.reuters.com]
News Corp has replaced the CEO of the social networking site MySpace less than a year after hiring him, and said a discussion of his priorities led both sides to agree to a parting.
Owen Van Natta, whose resignation is effective immediately, will be replaced by Mike Jones and Jason Hirschhorn as co-presidents, News Corp said on Wednesday.

Van Natta could not be reached immediately for comment.

 

rogerd




msg:4080606
 4:56 pm on Feb 15, 2010 (gmt 0)

Hmmm, I'd imagine that co-president arrangement might be difficult to sustain long-term.

sem4u




msg:4080607
 5:00 pm on Feb 15, 2010 (gmt 0)

Yes, it can be quite difficult when two people are in charge. It is not much of a surprise that the CEO is leaving...they have lost a lot of ground to Facebook over the last year or so.

Bewenched




msg:4081446
 5:50 pm on Feb 16, 2010 (gmt 0)

With all the performance issues it's no wonder that they are losing ground to Facebook.

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