NEW YORK, June 6 (UPI) -- Monster Worldwide Inc., the U.S. parent of job-listing Web site Monster.com, said Wednesday its chief financial officer resigned in a management shake-up.
Lanny Baker has been replaced by Timothy Yates, Monster said.
Yates was the finance chief of Symbol Technologies Inc., which Monster Chief Executive Officer Sal Iannuzzi led until it was sold to Motorola Inc. in January. Yates was also named to Monster's board.
Baker, a former stock analyst for Citigroup, joined Monster in 2005.
New York-based Monster also said Doug Klinger, head of Monster's North American unit, would leave, replaced by Steve Pogorzelski, who ran Monster's International job-search business.
The company also realigned other senior-management responsibilities, the company said.
Monster expects a $3 million charge in the second quarter from the executive departures.
Monster shares fell more than 2 percent in extended trading, after closing down 28 cents, or 0.61 percent, at $45.86 on the Nasdaq Stock Market.
