Kevin Randolph, chief executive of Asia Online, a company he transformed from being a non-descript internet access company into an integrated one-stop-shop for internet solutions, has left the company, according to people familiar with the situation. It is not immediately clear whether he resigned or was fired.
The move comes just weeks after Credit Suisse First Boston cancelled the Hong Kong-based company's plan to list up to $100 million in shares for the first time on Nasdaq, citing hostile market conditions. Asia Online provides internet access, web hosting, network integration and systems applications to small and medium sized Asian businesses looking to expand regionally or across the Pacific.
In an interview immediately after the...