Digg CEO to Step Down
Digg CEO Jay Adelson is stepping down from the social news site, with co-founder Kevin Rose set to take his place.
Adelson has overseen Digg for the past five years, during which the user base exploded to over 40 million and the company began to make inroads towards monetizing its heavy traffic. In a post on Digg’s blog, Adelson said he was leaving to pursue several new business plans of his own.
“The entrepreneurial calling is strong, and I am ready to incubate some new business ideas over the next twelve months,” he wrote.
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