Former Yahoo exec heads to Adobe

Dan Rosensweig, who was Yahoo's chief operating officer until sweeping organizational changes in late 2006, will take a seat on Adobe's executive board.

Rosensweig departed Yahoo "to ensure a smooth transition," into a re-organized Yahoo. Not long after Rosensweig's departure, CEO Terry Semel was replaced by interim CEO Jerry Yang.

Upon Rosensweig's entry into the Adobe board, executives Colleen Pouliot and Delbert Yocam will depart on March 31. Pouliot has been on the board for almost 8 years, and Yocam has been for 18.

"We are grateful to Colleen and Del," said Chuck Geschke, co-chairman of the board. "During their board stewardship, Adobe has become one of the largest and most diversified software companies in the world. We wish them well in their future endeavors."