New York
– Jay Adelson, the co-founder and CEO of news aggregation site Digg, has
stepped down after five years in the position. "With the new Digg getting
ready to launch, Digg Ads doing well, our sales force growing, our hiring
ramping, and the company maturing well beyond its startup phase, I feel that
now is the right time," Adelson wrote on the company’s blog.
"The
entrepreneurial calling is strong, and I am ready to incubate some new business
ideas over the next twelve months."
Digg co-founder Kevin Rose will become
chairman and acting CEO of the company.
"While I’ll miss working with Jay
day-to-day I am excited to be taking on the role of chairman and acting CEO,
driving Digg forward on our promise to enable social curation of the world’s
content and the conversation around it," Rose wrote on the Digg blog.
"We’ve
been super busy on the product side getting ready for the upcoming Digg
redesign and delivering our mobile apps for the iPhone and Android."
Related Links:
http://about.digg.com/blog
http://snipurl.com/v9zmr
(TechCrunch)
