Yahoo CMO Resigns, Heading for Big Consumer Brand?

Yahoo chief marketing officer Cammie Dunaway will leave Yahoo on November 2 for a new opportunity, which may be a large consumer brand, according to ClickZ News. She reportedly told colleagues she will not share details about her new position until the middle of next week. Dunaway, who joined Yahoo in 2003, formerly managed interactive advertising for Frito-Lay.

Yahoo's VP of Global Brand Marketing Allen Olivo "will serve as the acting leader" and report to Yahoo President Sue Decker. Kara Swisher broke the news on the BoomTown blog this morning.

UPDATE: Dunaway announced that she is joining Nintendo as executive vice president for sales and marketing, effective on Nov. 5.