Mr Nazem announced via the Yahoo company blog that he’d “finally decided it was time to slow down.”
He joined Yahoo in 1996. In addition to the role of CTO, Mr Nazem was also head of Yahoo’s Technology Group.
“After joining tiny little start-ups like Oracle and then Yahoo, I never imagined things would take off the way they have,” Mr Nazem said.
“And looking back on my eleven years here at Yahoo, I’m amazed at all that this company has accomplished,” he said.
“Yahoo has played such a significant role in building the Internet into what it is today and I’m incredibly proud to have been a part of such a talented team.”
Yahoo has not announced a replacement for the CTO position or head of the Technology Group, but in his blog Mr Nazem said that Yahoo co-founder Jerry Yang would “act as the interim executive sponsor of the Technology Group until we identify my permanent replacement.”
The resignation was also reported to regulators through the Securities and Exchange Commission (SEC).
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