TOP NEWS CEO Steps Down, IPO Delayed

Lehi, Utah-based family history site said this morning that its CEO, Tim Sullivan, is stepping down. According to, Sullivan will shift to become Chairman of the board. Howard Hochhauser, the company's CFO and COO, will become interim CEO while the company launches a search for a new CEO. Sullivan has been CEO at According to reports, the executive switchup will result in a delay to's IPO efforts. is backed by private equity investor Silver Lake.