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Dot-com founders step aside as pressures grow; Seasoned vets to focus on profits.(Brief Article)
Crain's New York Business, August, 2000 by walsh, mark
Out with the new, in with the old. That's how to describe what's happening in the executive ranks of some of the city's most visible Internet companies. Veteran managers are replacing the founding entrepreneurs who helped put Silicon Alley on the map and became celebrities in their own right.
DoubleClick Inc.'s Kevin O'Connor, iVillage Inc.'s Candice Carpenter, Kozmo.com's Joseph Park, and theglobe.com's Stephan Paternot and Todd Krizelman have all vacated CEO slots recently in favor of mostly old economy bosses. The founders have been pushed upstairs, taking on the roles of board chairmen and resident visionaries planning for new market opportunities, overseas expansion and strategic alliances. The shift to more experienced leadership reflects the...
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