Major changes at Yahoo! Braun & Rosensweig out, Semel still sitting pretty, for now

It's Official. Some major changes are coming to Yahoo! and it doesn't include former Viacom CEO Tom Freston or anyone else for that matter. The moves include the departure of Dan Rosensweig, Yahoo's chief operating officer since April 2003, and the resignation of Lloyd Braun, the former ABC executive who ran Yahoo's media group in Santa Monica, Calif. Under the plan, Yahoo will reorganize itself into three operating units, including one focused on its audience and one on its advertisers and publishers. A third unit, focused on technology, will develop products serving the entire organization. "There is no question, our new structure will increase accountability, will reduce bottlenecks and speed decision making," Terry Semel, Yahoo's chairman and chief executive officer, said in an interview. Does former Fox Interactive chief Ross Levinsohn fit into this some how? Yahoo Aims to Become More Nimble [NYT]