Pranesh Anthapur takes over as Chief Operating Officer for Yahoo! Research & Development centre in India

Earlier this year Pete Deemer moved to India as the Chief Product Officer for Yahoo! India Research & Development

Bangalore, Karnataka, November 8, 2006 /India PRwire/ -- Pursuant to Yahoo!’s continued commitment to its India Development Centre, Pranesh Anthapur has been appointed as COO of Yahoo! India Research & Development. He will work with the senior management team to put Yahoo! India R&D on a growth trajectory.

Pranesh will head up operations as well as bring new ideas to the company's R&D center in Bangalore. He will spearhead Yahoo!’s move to the new office, which is scheduled for early next year.

Pranesh recently moved to Bangalore from Sunnyvale, the Yahoo! HQ in California. He brings with him a wealth of experience in talent acquisition, talent development and cross border general management. Pranesh is a 7 year Yahoo! veteran and has held several key positions in both the US and other International locations. Prior to moving to Bangalore, he was VP for Yahoo!’s International HR and HR Mergers & Acquisitions group in Sunnyvale.

“The Bangalore Development centre is growing rapidly and currently employs over 800 knowledge workers and plans to cross the 1000 mark in headcount by the end of this year. We welcome the expertise in the field of global talent and operations that Pranesh brings with him to Yahoo! India R&D” said Venkat Panchapakesan, CEO of Yahoo! India Research & Development.

“In his new role, Pranesh will provide direction to all the operational areas of the center including business planning and process enhancements” Venkat added.

Another recent addition to Yahoo!’s Bangalore centre is Pete Deemer who moved from Yahoo!’s Sunnyvale office to become the Chief Product Officer of Yahoo! India Research and Development.

Pete who joined Yahoo! Inc in 2003 till recently held the position of VP - Product Development, overseeing Yahoo!’s product development practices, product quality and integration efforts under the Chief Product Officer. In his new role, Pete is closely aligned to the CPO office in Sunnyvale, USA. He is helping the Bangalore office define the strategy for the products being built and evolving the product development process besides incubating some exciting new product initiatives. He will also be a significant player in the India specific initiatives recently started by the company.

Notes to Editor

About Yahoo! India Research and Development

Yahoo! India R&D (http://bangalore.yahoo.com) was established with a mission to deliver software solutions based on product and technology innovation to create a significant business impact for Yahoo! Inc. globally. The company’s operations are divided into Yahoo! R&D India and Yahoo! Engineering Services India. The R&D group creates technologies and products that cater to our everyday needs on the Internet and help achieve sustained visible impact on a global scale. The Engineering Services group provides quality assurance services, monitors and supports all the Yahoo! applications deployed worldwide.

About Yahoo!

Yahoo! Inc. is the No. 1 Internet brand globally and the most trafficked Internet destination worldwide. Yahoo! provides online products and services essential to consumers' lives, and offers a full range of tools and marketing solutions for businesses to connect with Internet users around the world. Yahoo! is headquartered in Sunnyvale, Calif.

You can also visit www.yahoo.co.in for more information.

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