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 Nokia no more: Microsoft drops once-ubiquitous mobile name – in favour of its Lumia brand
- 2 Renee Zellweger on plastic surgery reports: 'I'm living a fulfilling life and I'm thrilled that perhaps it shows'
- 3 Banksy not arrested: Internet duped by fake report claiming artist's identity revealed
- 4 Australian café owner sparks debate after saying 'No' to having unruly children on premises
- 5 Couple die within 28 hours of each other after being married for 73 years
Ottawa shooting: Canadian soldier dies after being shot at National War Memorial – with one gunman killed inside parliament
Renee Zellweger on plastic surgery reports: 'I'm living a fulfilling life and I'm thrilled that perhaps it shows'
Isis releases first video showing the stoning of woman accused of committing adultery as her father shouts 'don't call me Dad'
Banksy not arrested: Internet duped by fake report claiming artist's identity revealed
Diwali 2014: What is the festival of lights and how is it celebrated?
Cameron is warned 'no possibility' of UK reducing immigration and that bid to bring in quota on migrant workers would be illegal
Of course, teenage girls need role models – but not like beauty vlogger Zoella
Residents should throw a street party and mix with immigrant neighbours, councils told
Russell Brand threatened with arrest after filming outside Fox News headquarters
Support for EU membership 'at highest level since 1991' with most Brits wanting to stay 'in'
London bus driver 'kicks gay couple off for kissing'
iJobs Money & Business
£24000 - £28000 per annum + bonus & benefits: Ashdown Group: IT Business Syste...
£18000 - £23000 per annum + Commission: SThree: The SThree group is a world le...
£18000 - £23000 per annum + Comission: SThree: The SThree group is a world lea...
£20000 - £25000 per annum + OTE £Competitive: SThree: SThree Group and have be...