Digg's Jay Adelson step down; Kevin Rose steps in as Chairman and CEO

Digg announced that the Jay Adelson has left the company, and Kevin Rose, is taking over as Chairman and CEO. “After five years, forty million users, and an amazing ride, I've decided to step down as CEO of Digg. With the new Digg getting ready to launch, Digg Ads doing well, our sales force growing, […]

Digg announced that the Jay Adelson has left the company, and Kevin Rose, is taking over as Chairman and CEO. “After five years, forty million users, and an amazing ride, I've decided to step down as CEO of Digg. With the new Digg getting ready to launch, Digg Ads doing well, our sales force growing, our hiring ramping, and the company maturing well beyond its startup phase, I feel that now is the right time. The entrepreneurial calling is strong, and I am ready to incubate some new business ideas over the next twelve months. As the economy exits a very deep recession, I believe that it is an excellent time for new companies to develop. I'd like to thank Kevin, the Digg staff and the Digg community for their support, insight and, most of all, their loyalty in turning Digg into the force that it is today,” announced Jay.