Go Daddy CEO Steps Down
Go Daddy chief executive Warren Adelman has stepped down to become a special adviser for strategy and global policy at the company.
The Wall Street Journal reported Thursday that Scott Wagner, an executive from KKR & Co., was named interim chief executive while the board conducts a search for a permanent replacement. KKR & Co., along with Silver Lake and Technology Crossover Ventures, bought Go Daddy last year in a deal that valued the Internet Company at about $2.25 billion.
“I’ve spent close to a decade with Go Daddy, and it has been an amazing and rewarding time in my life,” Adelman said. “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,” he continued.
Go Daddy is currently the largest ICANN-accredited registrar in the world, headquartered in Scottsdale, Arizona.