Yahoo! Inc. (NASDAQ:YHOO) chief technology officer Raymie Stata has stepped down from the company. Raymie will be replaced by Ash Munshi. Below is a statement from the company:
“Raymie Stata, CTO, has taken on a newly created role of EIR at Yahoo! to allow him to return to his entrepreneurial roots. Yahoo! is excited to appoint Ash Munshi to the role of CTO. Ash has a well-established career managing successful global technology organizations at the most senior levels with a laser focus on meeting and exceeding customer needs.”
Stata will remain as an Entrepreneur in Residence at Yahoo! It has only been about a month since Yahoo! CEO Carol Bartz was fired.