Top Management Shakeup At Miva

Miva announced this evening that founder, Chairman and Chief Executive Officer Craig Pisaris-Henderson and President Phillip Thune have resigned their positions, but will retain their seats on MIVA's Board of Directors.

Miva's board named Peter A. Corrao, previously chief operating officer, as chief executive officer, and said that Larry Weber, a director on the MIVA board, has assumed the position of non-executive chairman. Seb Bishop, a MIVA director, the Company's chief marketing officer and a founder of Espotting, will assume the role of president and will retain his duties as chief marketing officer.

More on the changes at Miva via this press release.