Europe Yahoo chief joins exodus

From CNET Toby Coppel is expected to announce Thursday that he is stepping down from his position as executive vice president and managing director of Europe and Canada, according to a report by AllThingsD's Kara Swisher. The departure has reportedly been in the works for months and is unrelated to the recently announced resignation of Yahoo CEO Jerry Yang.

Coppel told Swisher that he has no firm plans for the future, other than welcoming his third child into the world very soon.

"I have been transitioning our European business, restructuring it and making it stronger, as Yahoo is moving to product development on a global platform," Coppel told Swisher.

Coppel joined Yahoo in 2001 and had been running its European operations for the past 18 months.

The departure is the latest in a months-long exodus of executives from the troubled search company after its rejection of Microsoft's unfriendly attempt to acquire Yahoo. Last week, Microsoft announced that it had hired Yahoo search executive Sean Suchter to be general manager of its Silicon Valley Search Technology Center.

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