Business networking site LinkedIn has confirmed reports that its founder, Reid Hoffman, will return to the CEO post to replace resigning CEO Dan Nye.
Hoffman had stepped down as CEO in 2006 but remained chairman of the board and stayed active in product development operations. This month, LinkedIn hired Dipchand Nishar as vice president of products, with the objective of taking over some of the duties that Hoffman had been handling. Meanwhile, former Yahoo executive Jeff Wiener, currently the executive in residence at Accel Partners and Greylock Partners, will take over as interim president at LinkedIn.
Nye plans to step … Read more