Go Daddy CEO Warren Adelman Steps Down
Warren Adelman has stepped down from the CEO position of Go Daddy, one of the largest domain name registration and hosting companies. Adelman will remain as Special Advisor for Strategy and Global Policy. Adelman was hired as CEO of the company in December after Go Daddy closed an investment round with KKR, Silver Lake, and Technology Crossover Ventures.
He has worked at Go Daddy for almost a decade. Before that he was President and COO. Scott Wagner, a member of KKR’s portfolio operations team will be the interim CEO.
“He decided he’d been working really hard,” stated Go Daddy founder Bob Parsons in an interview with Domain Name Wire. “He’s one of the reasons the transition went as well as it did. He’s decided ‘it’s time for me to start having some fun.””
Parsons was CEO of Go Daddy up until December. “I’ve never been uninvolved,” Parsons said. “I talk to people on a daily basis.” Parsons does not know yet whether Go Daddy’s new CEO will come from the inside or outside.
“The number one thing when I ran [Go Daddy] was ‘we’re here to have a good time’,” stated Parsons. “We’re still here to have a good time, but our new investors, along with me, are focused on being an excellent company and having excellent growth.”This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry