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Yahoo! reorganization continues

SUNNYVALE, Calif., June 25 (UPI) -- Yahoo! sales leader Wenda Harris Millard has resigned amid a reorganization of Yahoo!'s sales team, the Sunnyvale, Calif., company said.

Millard, who joined Yahoo! in October 2001, said she resigned to become president for media at Martha Stewart Living Omnimedia Inc., overseeing the New York company's online, publishing, TV and radio activities. Her resignation comes less than a week after Chief Executive Officer Terry Semel resigned amid uneasiness among shareholders over Yahoo!'s lackluster performance, The New York Times reported Monday.

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Yahoo! officials said David Karnstedt was appointed head of North American advertising sales, reporting to Gregory Coleman, Yahoo!'s executive vice president of global sales, The New York Times reported Monday.

The reorganization of Yahoo!'s sales teams is the first organizational change announced since co-founder Jerry Yang stepped in as chief executive and Susan L. Decker was promoted to president last week.

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