Sedo’s 3 remaining co-founders depart from the company – The 4th co-founder, Tim Schumacher, left Sedo last year

Tim Schumacher co-founded Sedo in 2001, together with Marius Würzner, Ulrich Essmann and Ulrich Priesner. Tobias Flaitz was named the new CEO/member of the Management Board of Sedo on February 1, 2012, succeeding Sedo’s former CEO and co-founder, Tim Schumacher, who left the Board of Management as of December 31, 2011 for personal reasons. Now the remaining three co-founders are also leaving the company.

Sedo domain marketplace and monetization provider announced changes to its executive team including the planned departure during the first quarter of 2013 of three co-founders and the company’s chief sales officer. The transitions will see the remaining three Founders of Sedo Ulrich Priesner, Marius Würzner and Ulrich Essmann along with Chief Sales Officer Liesbeth Mack-de Boer depart the company for the next steps in their careers. Dirk Ochotzki will be promoted and will now serve as Head of Operations, Joel Ghebaly as Head of Product Management (Traffic Monetization), and Simonetta Batteiger as Head of Product Management (Trading).

Here is the complete press release:

CAMBRIDGE, Mass. – November 7, 2012 – Sedo, the world’s largest domain marketplace and monetization provider, today announced changes to its executive team including the planned departure of three co-founders and the company’s chief sales officer. The transitions will take place during the first quarter of 2013, when Founders Ulrich Priesner, Marius Würzner and Ulrich Essmann along with Chief Sales Officer Liesbeth Mack-de Boer depart the company for the next steps in their careers. Stepping up from within Sedo’s ranks, Dirk Ochotzki will now serve as Head of Operations, Joel Ghebaly as Head of Product Management (Traffic Monetization), and Simonetta Batteiger as Head of Product Management (Trading).

“I would like to thank the departing founders and management members for the last 12 years, in which Sedo has matured from a fast growing start-up to the world’s largest domain marketplace with more than 140 employees serving our global customer base,” comments Tobias Flaitz, CEO of the Sedo Holding AG. “With changing market requirements and increasing competition, Sedo enters the next stage in its growth with changes at the management level that will let the company continue to cater to today’s client expectations.”

With the next generation of leadership anchored by CEO Tobias Flaitz, Sedo continues to set the industry benchmark into its second decade by bringing to market innovative domain solutions that help companies and entrepreneurs capitalize on their online real estate potential, such as recently launching a suite of services to help launch promote and grow new gTLDs.

“By the nature of the domain business, Sedo has always been an evolving organization, and embracing change is part of the company’s DNA,” comments Ulrich Essmann, Co-founder and President of Sedo.com, LLC. “Today we are very proud to pass on management responsibility to longtime team members who will enable Sedo to capitalize on its tremendous growth opportunity and bright future.”

About Sedo
Sedo, an acronym for “Search Engine for Domain Offers,” is the leading domain marketplace and monetization provider. Headquartered in Cologne, Germany and with offices in London, England and Cambridge, Mass., Sedo has assembled the world’s largest database of domain names for sale, with more than 16 million listings. The success of Sedo’s model has attracted a global base of more than 1.4 million members.