AOL has named former Yahoo executive Brad Garlinghouse as President of its Internet and Mobile Communications.
Garlinghouse will also head up AOL's Silicon Valley operations from its Mountain View campus, acting as the West Coast lead for AOL Ventures, the company's venture capital arm led by Jon Brod.
Three more highly-placed executives decided not to stick around for Yahoo's annual meeting; one of the executives bore responsibility for Yahoo's Panama search marketing platform.
One of Brad Garlinghouse's 'Peanut Butter Manifesto' consolidation wishes is coming true, in a way, as Yahoo will be closing down its Photos service in favor of Flickr.
An internal memo by a senior vice president at Yahoo, where he extensively criticizes the company's practices and culture, was leaked to the media; Yahoo comes across as a firm caught in a bureaucratic malaise, where too much duplication and too little passion are the order of the day.
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