The leader of Yahoo Inc’s news and information branch has resigned and joined up at Hearst Corp, as rumors swirl that the company is about to launch new management reorganization.
Hearst announced on Monday that Neeraj Khemlani joined the iconic newspaper and magazine publisher in March as their new vice president and is also an assistant to the leading executive for digital media.
Khemlani will work directly with Hearst CEO Frank Bennack Jr., and will be accountable for advertising and organizing “digital content transformation” around Hearst, which owns 16 newspapers and 200 magazines, counting Esquire and Cosmopolitan.
His exit from Yahoo happens as the Internet search company is anticipated to reshuffle their management under Carol Bartz, who became CEO in January.
Bartz, in a memo to staff, advised employees on Friday to relax as next week would be “a biggie.” The AllThingsDigital blog hinted that reorganization may be proclaimed on Wednesday.
Khemlani was in the running to lead one of Yahoo’s three main branches under the new management structure, says the blog.
A Yahoo representative did not make any comment on the departure and the rumored reshuffling.
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