Go Daddy CEO Warren Adelman steps down

After taking over the company in December, Warren Adelman has decided to hand over the reigns to an interim CEO.

Warren Adelman has stepped down as the CEO of domain name provider, the company has announced.

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Instead of bearing the CEO mantle, Adelman will remain with the company as a "Special Advisor for Strategy and Global Policy," after being promoted to CEO in December 2011.

Previously holding roles with the company including President and COO, Adelman is to be replaced by Scott Wagner as interim CEO. Wagner is an executive of KKR Capstone, a main GoDaddy investor.

In an interview with Domain Name Wire, Go Daddy founder Bob Parsons said:

"He decided he'd been working really hard. He's one of the reasons the transition went as well as it did. He's decided 'it’s time for me to start having some fun'."

Adelman has been with the company since 2002.

The company remains unsure whether the new CEO will be found internally or come in from the outside. However, we can all hope the new candidate doesn't make the same headlines as Adelman's predecessor -- who gained the ire of many after uploading a video of himself killing an elephant early last year, and also faced widespread criticism which resulted in customers abandoning the company after declaring Go Daddy's support of the SOPA bill. 

Through 2011 and this year, Go Daddy has placed emphasis on trying to expand its company internationally, with heavy investment in India. The company recently reported $1.1 billion in sales and just managed to hit the 10 million user mark.

"I am proud to have been part of a team that has built a terrific business. I’ve spent close to a decade with Go Daddy, and it has been an amazing and rewarding time in my life. As much as I have enjoyed my roles as CEO and formerly as President and Chief Operating Officer, I have reached a juncture in my life when I would like to spend more time with my family," Adelman said in a statement

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