Go Daddy CEO Warren Adelman Steps DownBy: Chris Crum - July 30, 2012
Warren Adelman, who took over as CEO of Go Daddy, after Bob Parsons stepped down last year, has stepped down from his position to assume a new role as Special Advisor for Strategy and Global Policy at the company.
Scott Wagner has been named interim CEO, as the company’s Board of Directors searches for a new one.
Adelman had not made the kind of headlines his predecessor, Parsons did as CEO of the company (Parsons caused quite a stir when he uploaded video of himself killing an elephant early last year), but as Go Daddy notes, the company achieved record financial performance under Adelman, surpassing $1.1 billion in sales, and surpassing the 10 million customer mark.
“I am proud to have been part of a team that has built a terrific business,” said Adelman. “I’ve spent close to a decade with Go Daddy, and it has been an amazing and rewarding time in my life. As much as I have enjoyed my roles as CEO and formerly as President and Chief Operating Officer, I have reached a juncture in my life when I would like to spend more time with my family. I am committed to Go Daddy, one of the world’s most dynamic and innovative Internet brands. I am excited to continue with Go Daddy as a Special Advisor, a role that both allows me to continue to work with some great people and is also critical to our growth.”
“Warren has been an exceptionally valuable member of our team as both President and COO and recently as CEO and has been instrumental in the spectacular growth of Go Daddy over the past nine years,” said Parsons, who still serves as Executive Chairman. “On behalf of the Board and the Go Daddy family, I would like to express my deep appreciation to Warren for his leadership and support over the years. We look forward to continuing to benefit from his insights in the future.”
Wagner said, “I look forward to working with the innovative and long-tenured management team at Go Daddy. We will keep enhancing the ways we enable and empower small businesses to grow their online presence.”
Since last year, Go Daddy has placed a growing emphasis on international expansion, most notably, major investments in India.
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