Business

Bob Parsons resigns GoDaddy board seat

Former Cedar Rapids CEO says he wants to focus on newer ventures

PXG photo

Bob Parsons, seen here at Parsons Xtreme Golf in 2017, stepped down from GoDaddy’s board of directors.
PXG photo Bob Parsons, seen here at Parsons Xtreme Golf in 2017, stepped down from GoDaddy’s board of directors.

Bob Parsons, founder and former CEO of GoDaddy Inc., resigned his seat on the internet domain company’s board of directors last week.

In a statement released last Wednesday, Parsons said he wanted to focus on YAM Worldwide, a multi-industry company he founded in 2012. YAM’s website says it has holdings in golf clubs, motorcycle shops, metalworking operations, real estate and Parsons’ philanthropic organization.

Parsons’ resignation was effective Friday.

“It’s hard to describe how proud I am of the magnificent enterprise GoDaddy has become,” Parsons said in the statement. “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.”

Parsons founded GoDaddy in Cedar Rapids in 1997 and was its CEO until 2011. He was chairman of the company’s board of directors until June 2014, when he stepped down to a regular director’s role.

Now headquartered in Scottsdale, Ariz., GoDaddy has an office in Hiawatha.

l Comments: (319) 398-8366; dan.mika@thegazette.com

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