In a time of uncertainty for social networks’ steady revenue, LinkedIn is undergoing an executive shake-up with Chief Executive Dan Nye stepping down. Company founder Reid Hoffman will eventually be taking the company in the direction he sees as the best for LinkedIn, with former Yahoo executive Jeff Weiner acting as interim president for LinkedIn’s day-to-day operations, reports the L.A. Times.

It’s uncertain how long Weiner will be at LinkedIn as the interim president, but Nye will remain with LinkedIn until January to ease the transition. Weiner will also remain in his current position as an executive in residence at Accel Partners and Greylock Partners, the latter of which is a LinkedIn investor.
Read more