Yahoo's chief technology officer resigns
 

*Source: News.com (http://news.com.com/Yahoos+chief+tec...tag=nefd.top)*
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Yahoo Chief Technology Officer Farzad Nazem has resigned, the company revealed in a filing Wednesday with the Securities and Exchange Commission.

Nazem, who joined the company in 1996, said in a statement on Yahoo's Web site that he intends to retire. His last day is scheduled for June 8.

The move comes six months after Nazem, 45, was named head of one of the portal's three main business units. Shares of Yahoo fell to $28.24 in after-hours trading from a close of $28.38 on the Nasdaq stock exchange.

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