Go Daddy CEO Warren Adelman is stepping down to become a special advisor for the domain-name firm. “I have reached a juncture in my life when I would like to spend more time with my family,” Adelman said in a press release outlining the move. Scott Wagner, an executive at KKR, has been named interim CEO while the board searches for a permanent successor to Adelman, who has been with Go Daddy since 2002. KKR, along with Silver Lake Partners and Technology Crossover Ventures, bought Go Daddy last year. The deal was believed to be worth $2.25 billion. Read the full story at Mashable.
Gone, Daddy, Gone: Go Daddy CEO is Out
Author: Shelly Palmer
Shelly Palmer is Fox 5 New York's On-air Tech Expert (WNYW-TV) and the host of Fox Television's monthly show Shelly Palmer Digital Living. He also hosts United Stations Radio Network's, Shelly Palmer Digital Living Daily, a daily syndicated radio report that features insightful commentary and a unique insiders take on the biggest stories in technology, media, and entertainment. He is Managing Director of Advanced Media Ventures Group, LLC an industry-leading advisory and business development firm and a member of the Executive Committee of the National Academy of Television Arts & Sciences (the organization that bestows the coveted Emmy® Awards).