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SAN FRANCISCO (AP) - Yahoo Inc.'s chief technology officer is resigning after nearly a decade on the job, creating a management void as the Internet icon tries to mine more profits from a recent upgrade to its system for delivering online ads.
Farzad Nazem's plans to leave the Sunnyvale-based company were disclosed Wednesday in a Securities and Exchange Commission filing and a posting on Yahoo's Web site.
The resignation becomes effective June 8, just six months after Yahoo named Nazem head of the company's newly created technology group as part of a management shake up. He had already been Yahoo's chief technology officer since April 1998, two years after he first joined the company as senior vice president of product development.
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