September 27th, Beijing Time -- According to foreign media reports citing informed sources, Guilherme Ribenboim, Vice President and General Manager of Yahoo!'s Latin American region and the US Hispanic market department, has left the company to join a startup. Ribenboim was highly valued at Yahoo! and led a department that experienced rapid business growth.
A Yahoo! spokesperson confirmed the news of Ribenboim's departure.
The aforementioned informed source pointed out that talent loss has become a major issue for Yahoo!, which could severely impact the company. After dismissing Carol Bartz, Yahoo!'s board and senior management have been focused on formulating the company strategy — including selling the entire company or part of its operations — but have not developed or implemented a plan to retain talent.
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