Yahoo!7 appoints Fairfax sales director Ed Harrison as new CEO

Sydney, Dec. 11: Yahoo!7 has reportedly hired Fairfax Media group sales director Ed Harrison as its new chief executive.

US Internet giant Yahoo! owns 50 percent stake in Yahoo!7 while the rest is owned by chief revenue officer of the venture, Kurt Burnette.

According to the Sydney Morning Herald, Harrison would be replacing Stuart Sayers, who is expected to leave Yahoo!7 at the end of 2014.

Harrison was previously -commercial director of metro media at Fairfax, publisher of the Financial Review, as well as commercial director of Fairfax Digital, the report added. (ANI)