Bebo names Panier as global chief executive
Thursday 30 July 2009
AOL has promoted a former Google manager to resurrect the fortunes of its social network Bebo, more than a year after the last chief executive left.
Stephane Panier was yesterday named head of Bebo's global operations, and has been handed the task of growing the business and adding more unique users in more countries.
Mr Panier replaces Joanna Shields, who oversaw Bebo's $850m (£520m) takeover by AOL in March 2008. She moved into the parent group shortly after to head up the People Networks business, before quitting in May to move back to the UK.
The social networking site currently has 24 million consumers worldwide, according to data site ComScore, but unique user numbers are falling.
Bebo also faces huge competition from MySpace, Twitter and Facebook. There was talk earlier this year that AOL had made a substantial writedown on the acquisition and the parent company was forced to deny reports it was looking to sell the site. Mr Panier was an internal promotion, having previously served as Bebo's vice president and chief operating officer. Before joining Bebo in January, he spent six years at Google. He worked on strategy and finance for the technology giant.
- 1 Nathan Collier: Montana man inspired by same-sex marriage ruling requests right to wed two wives
- 2 People all over the world are getting semicolon tattoos to draw attention to mental health
- 3 Van driver who comforted Clark Carlisle and called 999 after suicide attempt dies age 24
- 4 James Blunt was special guest on the highest-rating Top Gear episode ever
- 5 The biggest first date turnoff has been revealed
Nathan Collier: Montana man inspired by same-sex marriage ruling requests right to wed two wives
Greece crisis: IMF was pushed around by Angela Merkel and Nicholas Sarkozy – and now it is being humiliated
'I wish the BBC would stop calling it Islamic State' – David Cameron unleashes frustration at broadcaster
Forget little green men – aliens will look like humans, says Cambridge University evolution expert
Girl, 7, stares down hate preacher at Ohio festival with pro-LGBT rainbow flag gesture
Sickness and disability benefits could be reduced by £30 a week as part of £12bn welfare cuts
iJobs Money & Business
£15000 - £17000 per annum: Recruitment Genius: This company offers a range of ...
£15000 - £16000 per annum: Recruitment Genius: Customer Service Advisors are r...
£20000 - £25000 per annum + OTE £45K: SThree: SThree were established in 1986....
£40000 - £60000 per annum: Recruitment Genius: A Compliance Manager is require...