After 10 years with the Internet company, Farzad Nazem says it's time to slow down. Yahoo Chief Technology Officer Farzad Nazem is stepping down. Nazem has been with the company since 1996, and had served as CTO for the past decade, overseeing Yahoo’s engineering and product development. He also served as head of Yahoo’s technology group. He leaves as the company is struggling to compete with Google, the leader in the Internet advertising and search space. “After spending the last 26 years in this fast-paced technology industry, I’ve finally decided it’s time to slow down,” Nazem wrote Wednesday in a posting to the company’s blog. No replacement for Nazem has been announced, but Yahoo cofounder Jerry Yang “will be acting as the interim executive sponsor of the technology group until we identify my permanent replacement,” Nazem said. Nazem’s resignation was disclosed in a company filing with the U.S. Securities and Exchange Commission, made Wednesday. His resignation is effective June 8, the filing states. Related content feature 4 remedies to avoid cloud app migration headaches The compelling benefits of using proprietary cloud-native services come at a price: vendor lock-in. Here are ways CIOs can effectively plan without getting stuck. By Robert Mitchell Nov 29, 2023 9 mins CIO Managed Service Providers Managed IT Services case study Steps Gerresheimer takes to transform its IT CIO Zafer Nalbant explains what the medical packaging manufacturer does to modernize its IT through AI, automation, and hybrid cloud. By Jens Dose Nov 29, 2023 6 mins CIO SAP ServiceNow feature Per Scholas redefines IT hiring by diversifying the IT talent pipeline What started as a technology reclamation nonprofit has since transformed into a robust, tuition-free training program that seeks to redefine how companies fill tech skills gaps with rising talent. By Sarah K. White Nov 29, 2023 11 mins Diversity and Inclusion Diversity and Inclusion Hiring news Saudi Arabia will host the World Expo 2030 in Riyadh By Andrea Benito Nov 28, 2023 4 mins Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe