SCOTTSDALE, Ariz., Oct. 3, 2018 /PRNewswire/ -- GoDaddy Inc.
(NYSE: GDDY), the world's largest cloud platform dedicated to
small, independent ventures, today announced that founder
Bob Parsons has resigned from the
GoDaddy board of directors, effective Friday, October 5th, 2018, to devote
his full time efforts to the array of businesses he created under
the Yam WorldWide Umbrella.
A serial entrepreneur, Parsons founded GoDaddy in 1997, with the
idea that a domain enabled anyone to have their own piece of
digital real estate. He changed the shape of the Internet
industry and propelled its ubiquity by making it easy and
affordable to get a domain. Parsons served as the company's
CEO from 1997 through June of 2011, when he sold the company to a
private equity consortium. Parsons served as Executive
Chairman of the board until June of 2014, at which time he assumed
a seat as board director.
In 2012, Parsons created YAM Worldwide, a holding company with
businesses today focused in the field of power sports, golf, real
estate, hedge fund management, collateralized lending, advertising,
music and video production, furniture manufacturing, and
philanthropy.
Parsons and his wife Renee are deeply involved in philanthropic
endeavors via the Bob and Renee Parsons' Foundation, which focuses
on providing critical funding at critical times to communities
trying to make a difference. The Foundation supports organizations
like the Semper Fi Fund that provides financial assistance and
lifetime support to wounded, critically ill and injured service
members from all branches of the U.S. Armed Forces.
"It's hard to describe how proud I am of the magnificent
enterprise GoDaddy has become," Parsons said. "The companies I
created outside of GoDaddy now demand my full time attention, so
it's time for me now to resign my seat on the GoDaddy Board and
focus solely on Yam WorldWide."
"Bob embodies entrepreneurialism, and his imagination, drive and
grit continue in the spirit of GoDaddy," said GoDaddy CEO
Scott Wagner. "Bob's original
vision for the company inspires and guides us today, and we will
miss his contributions at the board. Bob, thank you for
creating a company with tremendous value for those all over the
world who – like you – have ideas they want to make real."
"Bob's impact on GoDaddy, and our industry, has been
immeasurable," said GoDaddy Board Chairman Chuck Robel. "He made the Internet
accessible to all by pioneering how people acquire and manage a
domain name. I deeply respect Bob, and we will miss his
insights."
About GoDaddy
GoDaddy powers the world's largest cloud platform dedicated to
small, independent ventures. With 18 million customers worldwide
and 77 million domain names under management, GoDaddy is the place
people come to name their idea, build a professional website,
attract customers and manage their work. Our mission is to give our
customers the tools, insights and the people to transform their
ideas and personal initiative into success. To learn more about the
company, visit www.GoDaddy.com.
Source: GoDaddy Inc.
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SOURCE GoDaddy Inc.