Go Daddy Chief Executive Officer Warren Adelman has decided to step down from his position as CEO and assume a new role at the company as Special Advisor for Strategy and Global Policy, the company said this week. Adelman was President for nine years at Go Daddy and became CEO when strategic investors KKR, Silver Lake Partners and Technology Crossover Ventures came on board.
"I am proud to have been part of a team that has built a terrific business," said Adelman. "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.
"I am committed to Go Daddy, one of the world's most dynamic and innovative Internet brands," Adelman continued. "I am excited to continue with Go Daddy as a Special Advisor, a role that both allows me to continue to work with some great people and is also critical to our growth."
KKR's Scott Wagner has been named interim CEO while the board conducts a search for a permanent successor.
"Warren has been an exceptionally valuable member of our team as both President and COO and recently as CEO and has been instrumental in the spectacular growth of Go Daddy over the past nine years," said Go Daddy Executive Chairman and Founder Bob Parsons. "On behalf of the Board and the Go Daddy family, I would like to express my deep appreciation to Warren for his leadership and support over the years. We look forward to continuing to benefit from his insights in the future."
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