GoDaddy CEO Warren Adelman has stepped down after less than eight months on the job. Adelman replaced the beleaguered elephant-killing former CEO, Bob Parsons, and will be succeeded by Scott Wagner of KKR Capstone, a major GoDaddy investor.
“I am proud to have been part of a team that has built a terrific business. I’ve spent close to a decade with Go Daddy, and it has been an amazing and rewarding time in my life. As much as I have enjoyed my roles as CEO and formerly as President and Chief Operating Officer, I have reached a juncture in my life when I would like to spend more time with my family,” Adelman said in a release.
GoDaddy has lost its luster with the geekier set for supporting SOPA and bringing a certain brosephian swagger to the act of domain name registration. That hasn’t hurt revenues, however. The company reported $1.1 billion in sales and just hit the 10 million user mark.
Wagner will act as interim CEO while a permanent head is found.