Yahoo Loses HotJobs Power Broker

    May 18, 2007
    WebProNews Staff

Dan Finnegan will leave Yahoo at the end of June, after having worked on building the newspaper consortium that places Yahoo ads and local search on paper websites.

The news zipped around Yahoo today via an internal email from Hilary Schneider, Finnegan’s boss. Classified Intelligence reported on the announcement earlier today.

Schneider credited Finnegan for his work on constructing the partnership with 12 newspaper companies, encompassing 264 newspapers. Finnegan joined Yahoo in April 2002 as EVP and GM of HotJobs.

Also, Schneider said Finnegan remarked last fall that he planned to look into entrepreneurial opportunities once the newspaper deals had been completed. Classified Intelligence said, "He was not expected to stay long after Schneider joined the company."

Schneider had been Finnegan’s successor as president at Knight Ridder Digital. She became his boss upon arriving at Yahoo in 2006.

Numbers from Compete show HotJobs enjoyed a spike in traffic through December and January, but is now relatively flat compared to the same period last year.