Microsoft is indeed hiring former Yahoo executive Qi Lu to run its online services business, but in the process, it is also losing one of its own top advertising executives.
In its announcement of Lu as the president of Microsoft's online services group, Microsoft said that Brian McAndrews, former CEO of Aquantive, would be leaving Microsoft. McAndrews was seen as the top internal candidate for the post, which came open when Kevin Johnson left to become CEO of Juniper Networks.
Lu will start at Microsoft on January 5 and will report to Steve Ballmer, Microsoft said.
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