Valleywag
Helio CFO Todd Tappin and execs Michael Zemetra, Terry Boyle and Kieran Hannon will leave the company by March 31. A source tells us former CEO and current chairman Sky Dayton won't remain long, either. The cell-phone carrier started as a joint venture in 2006 between EarthLink, the Internet service provider founded by Dayton, and South Korean phone company SK Telecom. Since then, it has disappointed, and EarthLink ran short on cash to invest. When SK Telecom reupped with another $270 million last fall, reducing EarthLink's share to 22 percent, this kind of shakeout was expected. In fact, our source tells us most if not all executives from the "EarthLink side of the house" will depart the company on or before March 31.
CFO and three VPs depart Helio, chairman to follow
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2:10 PM on Tue Feb 12 2008
By Nicholas Carlson
1,184 views
21 comments
Comments
Reminder: Sky is a Scientologist OMFGZ
maybe all those annoying goddamned radio commercial will stop. the HELIO STORE on UNIVERSITY AVENUE in PALO ALTO needs a brick though its window.
Typical "Sky is falling" hyperbole from VW (pardon the pun). SK Telecom is taking over. Big whoop, everyone's known that for months.
@justinsane: Sky isn't falling, he's quitting the company. Duh.
@Nick Douglas: Do we know what level? Hail Xenu!
@Nicholas Carlson: Untrue, as confirmed by MocoNews: [www.moconews.net]
You oughtta try to do some real reporting, which include minor things like fact checking.
@justinsane: Sources tell me otherwise.
@justinsane: Or, specifically "A source tells us former CEO and current chairman Sky Dayton won't remain long, either." The source did not say Dayton would leave today.
Let's just stop with the nonsense --- Sky failed and it's a biggie!
Sources tell me you're ugly and your momma dresses you funny.
@Nicholas Carlson: Sources tell me "you're ugly and your momma dresses you funny." The source did not say whether you had Cheerios for breakfast or when the Yankees might be back in the World Series.
See kids, making a buncha random crap up is easy.
@justinsane: yes, but his is more interesting.
CCBS IS TO BLAME!
@JUSTINSANE I spoke to one of the people in this story. 100% true. Look before you leap next time.
@search.scientist: Riiiiight. Quote your source, or else it remains just a bunch of "he said/she said."
Sources tell me Orioles in 2011.
@justinsane: time will tell all
As someone who works with Todd, I can say he's been planning his transition to private equity for some time now. His departure is neither unplanned or immediate, and completely unrelated to the others mentioned in this piece.
Todd Tappin wasn't asked to step down - he is leaving to get the F out of the MVNO business and his exit was announced well before the others. You guys hiring a Fact Checker?
@dikcheez: no one ever said he was asked to leave. todd is one of the best out there and trust me that helio will miss him.
@justinsane: how does that foot in your mouth taste?
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