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Stephan Uhrenbacher has decided to leave his position of CEO of Qype and bring in Stephen Taylor a former head at Yahoo! Europe. Uhrenbacher holds the largest shares (private) of the company and is by no means abandoning Qype. He will continue to be a part of its board and will be a bit dormant with his activities in relation to new startups. Uhrenbacher commented on Taylor’s appointment:

Were in 9 markets now and have 50 people, and are very close to beak even in Germany so it was time to get the next level of management. We didn’t have a formal search for a new CEO.