Yahoo! Loses Asian Chief

21 February 2001

Hot on the heels of the departure of its European managing director Fabiola Arredondo [WAMN: 16-Feb-01], online portal Yahoo! lost another senior executive this week in the shape of Savio Chow, vp-managing director of Yahoo! Asia.

Chow, who resigned for personal reasons, managed the portal across Asia with the exception of Japan and South Korea, and was responsible for last year’s $145 million acquisition of Taiwanese rival However, although Yahoo! has become the leading portal in Hong Kong and Taiwan under his stewardship, it still lags in sixth place in the massive Chinese market.

Yahoo! described the resignation of two senior staff in as many days as coincidental.

News source: Advertising Age - Interactive Daily