San Francisco - Reid Hoffman, the founder of business-focused online social network LinkedIn, will reassume the position of chief executive, replacing Dan Nye, the former executive at Intuit who was appointed to the position in early 2007, TechCrunch reported. Meanwhile, former Yahoo executive Jeff Weiner was appointed interim president of LinkedIn, which claims 11.2 monthly unique users. Hoffman will take over in January for Nye, who will remain an adviser to the company.

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