Richard Rosenblatt Bids Adieu to Demand Media

The Co-founder, Chairman and CEO of leading content and social media company Demand Media resigned as Chairman and CEO on Oct 14, 2013. The company’s co-founder Shawn Colo will serve as interim CEO until such time as the board finds a replacement. Rosenblatt’s departure comes at a time when Demand Media is planning to split itself into two publicly traded companies, one offering domain registry services, and the other dedicated to how-to articles. The company has announced that there are no changes to the plan in the wake of Rosenblatt’s resignation.