Wednesday, June 11, 2008; 7:09 PM
Yahoo's EVP Network Division Jeff Weiner, who's been the subject of rabid speculation since the weekend, has submitted his resignation, our sources within the company say. Yahoo and Weiner are still negotiating his separation agreement, and will make an announcement "imminently" about his departure. But the big question is - who will replace him?
Weiner first joined Yahoo when former CEO Terry Semel took charge in 2000. He is considered by many employees to be, after Jerry Yang, the spiritual leader of the company and the guy who's actually holding things together. His departure leaves a gaping hole in the senior management of the company.
Going forward, Weiner will likely become an entrepreneur-in-residence with both Accel Partners and Greylock Partners. Weiner is close to Accel via Andrew Braccia, who used to run Yahoo search and reported to Jeff. His relationship with Greylock stems from James Slavet, who previously ran Yahoo Autos and also reported directly to Weiner.