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InfoSpace Inc. has replaced the company's chairman and chief executive with James Voelker, a company director and former president of XO Communications Inc.
Naveen Jain, a former Microsoft Corp. executive who founded InfoSpace in 1996, will continue to act as a director, the company said Saturday. In August, Jain agreed to step aside once his replacement was found.
Jain said he opposed the board's hiring of Voelker, who also will serve as InfoSpace's president, because he felt there were more qualified candidates.