Dear
After months of reviewing the outlook for the company in the wake of this economic downturn, I see no other alternative than to resign my position as chief financial officer with HHH (company). Needless to say, after 12 years of service, this decision was not an easy one.
Please make my resignation effective January 31, which is the end of my scheduled vacation. I will turn over all company books and settle my accounts prior to that date.
I look back on the experience gained and the friends made with much regard. My association with HHH has been a valued part of my life.
Good luck to you in the years to come.
Sincerely,
To: all yahoos
Fr: Jerry
Subject: update
yahoos
I wanted to address all of you on the news we’ve just announced. The board of directors and I have agreed to initiate a succession process for the ceo role of yahoo!. Roy Bostock, our chairman of the board, is leading the effort to identify and assess potential candidates for consideration by the full board. The board will be eva luating and considering both internal and external candidates and has retained heidrick and struggles to help in this effort.
I will be participating in the search for my successor, and I will continue as ceo until the board selects a new ceo. Once a successor is named, I will return to my previous role as chief yahoo and continue to serve as a director on the board.
Last june, I accepted the board’s request that I assume the ceo role to restructure and reposition the company as a whole in order to more effectively meet the fast-changing needs of both users and partners. Since taking on the ceo role, I have had an ongoing dialogue with the board about succession timing. Thanks in large measure to your tireless efforts, we have created a more open, competitive yahoo! and we believe the time is now right to transition to a new ceo who can take the company to the next level.
Despite the external environment we face, the fact remains that yahoo! is now a significantly different company that is stronger in many ways than it was just 18 months ago. This only makes it all the more essential that we manage this opportunity to leverage the progress up to this point as effectively as possible. I strongly believe that having transformed our platform and better aligned costs and revenues, we have a unique window for the right ceo to take ownership over the next wave of mission-critical decisions facing the company.
All of you know that I have always, and will always bleed purple. I will always do what I think is right for this great company. While this step will be an adjustment for all of us, I know it’s the right one. I look forward to updating you on this process as soon as the board has developments to share, and will continue to do everything i can to make yahoo! fulfill its full potential.
Thank you,
Jerry
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Dear
Effective October 1, I will assume the position of director of human resources for XXX, Inc., in Baton Rouge. Therefore, please accept my resignation as benefits and compensation coordinator of the Human Resources Department within AAA Associates, effective September 30.
The decision was a difficult one for me BECause I have so enjoyed my working relationships here. The job description has given me GREat latitude in assisting other coordinators within the human resource area, and as a result, I’ve gained skills in several related fields. These cross-training opportunities have been invaluable, and in a much more formal, classroom setting, I’ve been able to take advantage of classes in management, interpersonal skills, writing, and oral presentations. All of this training has been a worthwhile effort for both AAA (company) and me.
As I go to the new position, I’ll do so with the utmost respect for the management examples and philosophies learned here and with gratitude for the personal attention to my career growth.
Thank you for the rewarding experience I’ve enjoyed during my seven-year association with the organization.
Sincerely,