Shaheen quits as Webvan CEO

George Shaheen, one of the most high-profile executives to join an Internet company, has resigned as chairman and chief executive of Internet grocer Webvan Group Inc. Sources said that Webvan's board plans to look for an executive with more operational experience than Shaheen possessed.

George Shaheen, one of the most high-profile executives to join an Internet company, has resigned as chairman and chief executive of Internet grocer Webvan Group Inc. Sources said that Webvan's board plans to look for an executive with more operational experience than Shaheen possessed. Chief Operating Officer Robert Swan will lead the company until the board can find a successor. -- Wall Street Journal

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