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After letting the portal slide in to irrelevance since its heyday, Lycos Europe CEO Christoph Mohn will resign on May 28, after overseeing the liquidation of the company and the sale of some of its assets. At the annual general meeting on that day, the board will recommend company CFO Fred Wilsdorf be appointed Mohn’s replacement, but, with the outfit now operating only as a skeleton to sell its most valuable bits, it won’t be for long. Release.
In its last ever annual earnings in March, the company said losses ballooned from