Former Apple exec Hancock ousted at Exodus
Ellen Hancock, former Apple executive and most recently CEO of ExodusCommunications, resigned from the Web hosting company Tuesday after gettingpressure to step down amid continued heavy losses and a severe drain in thecompany’s cash position. Hancock took over Exodus in March 1998, less than ayear after Apple CEO Steve Jobs forced her out as executive vice presidentof R & D and chief technology officer.
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