The head of sales and marketing at Yahoo! Inc. is stepping down, the latest high-level defection from the suddenly struggling Internet company.
Anil Singh, Yahoo's chief sales and marketing officer and senior vice president of business operations, said Wednesday he will retire in May to spend more time with his family and "pursue personal interests."
Singh, 42, joined Yahoo in 1995 as the company's first sales executive -- its 21st employee overall.
"Under his leadership, the company built a top sales organization from the ground up and pioneered the concept of online advertising when it was still a new idea for marketers," Jeff Mallett, Yahoo's president and chief operating officer, said in a written statement.
Singh's departure comes as Yahoo is seeing turnover in several top divisions and struggling to turn a profit this year. The company is looking for a new chief executive to replace Tim Koogle, and in recent weeks the heads of Yahoo's Asian and European operations have resigned.
A Yahoo spokeswoman would not speculate on whether the timing of Singh's retirement was connected to the issues facing the company.<
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