Monday, July 30, 2012

Go Daddy CEO Steps Down

Scottsdale, Arizona-based Go Daddy, the domain name, web hosting, and SSL certificate provider, said Monday afternoon that its CEO, Warren Adelman, has stepped down from his position. Go Daddy said Adelman becomes Special Advisor for Strategy and Global Policy at the firm. Adelman had been at the firm for nearly a decade, the company said, but has decided to spend more time with his family. The move comes about a year after a major investment in Go Dadyd from private equity firms KKR, Silver Lake, and Technology Crossover Ventures. Go Daddy said it has named Scott Wagner as interim CEO of the firm; Wagner joins from KKR Capstone, KKR's portfolio operations team.