Executive exodus at Yahoo continues

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Sunnyvale, Calif.—Gregory Coleman, Yahoo exec VP-global sales, is leaving the company. Yahoo President Susan Decker said in a memo to staff members that Coleman’s departure “to pursue other opportunities” was a mutually agreed-upon decision.

Coleman’s exit comes on the heels of CEO Terry Semel’s resignation in June and the departure of Wenda Harris Millard, chief sales officer, also in June.

As part of the latest changes, Decker said responsibility for all Yahoo partners—including advertisers, agencies, resellers, publishers, ad networks and developers—will be placed in a new division called Global Partner Solutions, headed by Exec VP Hilary Schneider.

“This new group will be charged with creating, delivering and coordinating global best practices for solutions to all of our partners,” Decker said in the memo.

Separately, Yahoo said in a company blog on Thursday that it has added new tools and reporting features to its Yahoo Search Marketing platform. The platform lets advertisers create, edit, copy, delete and view ads in one place, as well as view examples of ads by other advertisers.

—Carol Krol

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