Ask, IAC CEO Barry Diller Steps Down

Barry Diller, founder of IAC which includes Ask.com, told the company he ran for over 17 years that he is stepping down as CEO. No he is not joining Jeeves in retirement, he said "I want to go back to what I am good at, which is looking for opportunities to grow the business."

"Greg Blatt, 42, the newly named CEO of IAC, who was formerly the CEO of IAC's stand-out property Match.com. IAC owns some 50 other websites including Ask.com, Citysearch, and The Daily Beast," CNN Money reported.

About the author

Frank Watson has been involved with the Web since it started. For the past five years, he headed SEM for FXCM -- at one time one of the top 25 spenders with AdWords. He has worked with most of the major analytics companies and pioneered the ability to tie online marketing with offline conversion.

He has now started his own marketing agency, Kangamurra Media. This new venture will keep him busy when he is not editing the Search Engine Watch forums, blogging at a number of authoritative sites, and developing some interesting online community sites.

He was one of the first 100 AdWords Professionals, a Yahoo and Overture Ambassador, and a member or mod of many of the industry forums. He is also on the Click Quality Council and has worked hard to diminish click fraud.