Yahoo announced the departure of Allen Olivo, senior vice president of global brand marketing. Olivo, who joined the company in 2006, will leave after a transitional period, said Kim Rubey, a company spokeswoman. He reports to Elisa Steele, chief marketing officer, who joined Yahoo this year from storage-computer maker NetApp.
The departure adds to an increase in executive turnover at Yahoo over the past year. Qi Lu, senior vice president of search and advertising technology, left Yahoo in 2008 for rival Microsoft. In February, Yahoo announced the departures of Blake Jorgensen, chief financial officer, and Marco Boerries, vice president of the mobile and television business.The company trails Google in U.S. Internet searches.
