Chris DeWolfe is one of the MySpace creators and was the CEO as of yesterday. Now that he is out of the CEO position, there is a chance that former Facebook COO Owen Van Natta will be recruited. Supposedly Natta left Facebook because he wanted to be CEO, but Zuckerberg did not accept that. Sheryl Sandberg ended up replacing Natta.
Jon Miller is working on the details with Natta according to AllThingsD. News Corp. was not planning to have DeWolfe leave the company but then TechCrunch reported that the company was looking for a replacement. DeWolfe and Miller then started negotiating over the phone. Both MySpace founders Chris DeWolfe and Tom Anderson will end up on different roles within News Corp.
Below is the internal e-mail sent out to News Corp. (Fox Interactive Media) employees:
To FIM Employees:
I am writing to share the news that MySpace CEO Chris DeWolfe will be stepping down from his executive role in the near future. He has agreed to serve as a strategic advisor to the Company and will remain on the board of MySpace China.
In addition, I am currently in discussions with MySpace President Tom Anderson regarding his role within the organization.
I want to take this opportunity to thank them both for their incredible contributions to the Company, and for pioneering one of the greatest social media revolutions of our time. I wish Chris nothing but the best in any new endeavors and, like many in this industry, am eager to witness his next innovations.
I understand the importance of having a dynamic, inspiring and innovative management team, and am dedicated to ensuring that MySpace continues to benefit from the highest levels of passion and enthusiasm.
I also want to thank everyone across FIM for giving me the opportunity to work with all of you. With MySpace, IGN, Photobucket, Fox Audience Network and our Digital Publishing Group, this is an exciting collective of properties and I?m enthusiastic about the opportunities that lie ahead.
I hope to meet and work closely with many of you over the weeks and months to come.