Business Services Industry
Renton, Wash., Internet Firm's CEO Placed on Leave.
Knight Ridder/Tribune Business News, September, 2002
By Monica Soto, The Seattle Times Knight Ridder/Tribune Business News
Sep. 19--The board of Classmates.com, one of the better-known Internet companies to come out of the Seattle area, yesterday placed Chief Executive Michael Schutzler on a "leave of absence" for an indefinite period, the company confirmed.
A spokeswoman for the Renton company would not say why Schutzler is on leave or who would take over his day-to-day responsibilities. "That information isn't available," spokeswoman Karli Overmier said.
Schutzler did not return a call for comment.
Classmates, a privately held company that connects users with former high school, military and work mates through the Internet, succeeded in charging users a fee for access to its...
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