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NEW YORK In an effort to compete more effectively in a fast-changing market, Yahoo made major organizational changes today, parting with COO Dan Rosenweig and media chief Lloyd Braun (who are leaving the company) and naming CFO Sue Decker to lead a new advertising division.
Yahoo will now operate with three divisions: audiences, advertising (which includes publishers) and technology. Farzad Nazem leads the tech division. Yahoo will hire a new executive for audiences.
In a statement, the company said the changes were made to help it “more effectively focus on key customer segments and capture future growth opportunities.”
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