US internet media group Excite@Home yesterday announced the imminent resignation of chief executive George Bell.

Mr. Bell, Excite’s first ceo in 1996, said he would step down when a replacement was found, but would remain as chairman until the end of next year.

The news marks the third high-profile departure from Excite this year, with the resignations of former ceo Tom Jermoluk and the company’s chief financial officer.

News source: Financial Times