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Edition: U.S. Article Comments (1) Save Email Print Reprints Most Popular Most Shared Netanyahu ducks U.S. nuclear summit, fearing censure 1:31pm EDT Women tried to smuggle corpse onto plane? 06 Apr 2010 Regulators looking at antibacterial in soap 08 Apr 2010 Special Report: How the U.S. cracked open secret vaults at UBS 6:12am EDT Iran will not beg to avoid sanctions: Ahmadinejad 08 Apr 2010 Women tried to smuggle corpse onto plane? 06 Apr 2010 Workers strike over ban on drinking at work 08 Apr 2010 Regulators looking at antibacterial in soap 08 Apr 2010 Netanyahu ducks U.S. nuclear summit, fearing censure 1:31pm EDT Special Report: How the U.S. cracked open secret vaults at UBS 6:12am EDT Yahoo technology chief to step down Alexei Oreskovic SAN FRANCISCO Thu Apr 8, 2010 10:28pm EDT Yahoo's products and chief technology officer Ari Balogh is seen in this undated handout photo. Credit: Reuters/Yahoo/Handout SAN FRANCISCO (Reuters) - Yahoo Inc's chief technology officer and head of products is stepping down, the company said on Thursday. Technology | Media Ari Balogh is leaving for personal reasons and will remain with the company until June 3, Yahoo said in an emailed statement. A replacement is expected to be named in the coming weeks, the company said. Balogh, who joined Yahoo in February 2008, said in a statement provided by Yahoo that he is leaving because of a situation with his family that he described as difficult and which he said has driven him to make some life changes. "This job was my dream job, which makes this decision very hard," Balogh said. Balogh, who is responsible for Yahoo's global consumer and advertising products, leaves Yahoo amid a continuing effort to revive growth and redefine the company under the leadership of CEO Carol Bartz. Yahoo is among the most popular online destinations in the United States, but has been eclipsed by Google Inc in the search market and faces increasing competition from social networking sites like Facebook. One month after Bartz became CEO in January 2009, she undertook a major reorganization of Yahoo's management structure that combined Yahoo's various technology and product groups into one entity led by Balogh. Earlier this year, Yahoo combined its search efforts with Microsoft Corp as part of a 10-year deal to cut costs and allow Yahoo to refine its focus. (Reporting by Alexei Oreskovic; editing by Carol Bishopric) Technology Media Comments See All Comments (1) | Post Comment Apr 08, 2010 10:18pm EDT mmmmm blog0409_us Report As Abusive See All Comments (1) Add a Comment *We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language or appear to be spam and review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. More from Reuters How the U.S. cracked open the secret vaults at UBS When executives from UBS were summoned by U.S. regulators over a tax fraud probe, the plan was simple: admit guilt and move on. Reuters investigates the events that pushed Switzerland's largest bank to the brink. Full Article U.S. begins new wave of UBS client tax cases UBS Fannie's bad business model It wasn't the pursuit of profits at the expense of home ownership for poorer Americans that caused Fannie Mae's collapse, says the former CEO. 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Full Article Video: TOMS shoes Factbox: A look at TOMS numbers Small Business © Copyright 2010 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Analyst Research Mobile Newsletters RSS Podcasts Widgets Your View Labs Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. 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