On Dec 13, 2012, HomeAway announced Susan Wojcicki has resigned as member of the Board and the Compensation Committee of the Board, effective immediately. According to the Securities and Exchange Commission filing, “the resignation was not as a result of any disagreement with the Company. Rather, Ms. Wojcicki chose to resign due to time constraints and her need to focus on her significant responsibilities as senior vice president of product management and engineering for all advertising products at Google.”
Wojcicki was 16th on Forbes Magazine’s List of The World’s 100 Most Powerful Women in 2011. And 25th on the 2012 list. According to Forbes, Wojcicki “is the woman behind all of Google’s ad products, AdWords and AdSense, Analytics and DoubleClick, and was responsible for 96% of the company’s $37.9 billion revenue in 2011.”
Wojcicki’s history with Google has deep roots, She rented her garage to Sergey Brin and Larry Page and their emerging search engine in 1998 and was the 16th person to be hired at the company.
HomeAway elected BabyCenter’s Tina Sharkey to fill the vacancy. Sharkey served as AOL’s Senior Vice President and General Manager of a portfolio of AOL properties including AOL.com and AOL Instant Messenger.
By Amy Hinote
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