image thumb339 Lars steps down as Xing’s CEO

Five years after finding Xing, Germany’s answer to LinkedIn, its CEO, Lars Hinrichs will leave his position to be taken up by Stefan Gross-Selbeck. The reason for his withdrawal is unknown and its surprising that with quite a lot of success over the years, why would he think about stepping down. He however hinted at his unhappiness over the snailed traffic, the reason for this can be LinkedIn’s influence in non-German countries.