06|17|2011 03:46 pm EDT
DNN received an unconfirmed report today that Oversee.net had let go of several of it’s key executives, including President and CEO Jeff Kupietzky. It was also believed that because of these changes that the board had taken over.
When questioned about the topic Oversee’s Mason Cole confirmed with us over the phone that
four three executives were leaving, but he would provide no further comments about HR matters. Cole informed us that Kupietzky was staying with the company.
We’ll keep you posted as we learn more.
UPDATE and CORRECTION : Mason Cole gave DNN notice that he incorrectly stated that 4 executives were leaving. He has since corrected his statement. Only 3 executives had “departed in an executive realignment”. Cole also confirmed our information that the executives departing were veteran Oversee staff members Ryan Berryman, SVP and General Manager, Emerging Businesses, Jack Nelson VP of Human Resources and Peter Celeste, SVP and GM, Monetization Services Division.