Yahoo shakes up the top managers, again

June 26, 2008: 2:06 PM ET

By Scott Moritz

Yahoo's (YHOO) latest reorganization aligns three divisions under president Sue Decker.

Among the top changes, Ash Patel has been put in charge of the company's Global Products group, Scott Dietzen takes the top communications slot and Hilary Schneider will take over a newly created job of U.S. unit chief, according to a company press release.

Not mentioned in the release is the status of Brad Garlinghouse, the author of the so-called peanut butter memo that criticized the company's spread-thin-over-everything strategy. In BoomTown, a blog run by The Wall Street Journal and the outlet that first broke the news of the impending shakeup, author Kara Swisher says that Dietzen has taken over most of Garlinghouse's duties.

The move comes in the wake of a failed takeover of Yahoo by Microsoft (MSFT) and a controversial search outsourcing partnership with rival Google (GOOG).

Yahoo shares fell 2% to $21.58 Thursday.

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