According to those familiar with the company, Kent Dolby resigned his position as CEO of the paper portal, PaperExchange.com. His resignation comes after the company laid off nearly 15% of it's employees last month. Kent Dolby joined PaperExchange from Andersen Consulting where he was a managing partner. According to a company source, Bob Brenner will become the new CEO. Brenner was previously the Chief Technology Officer. Brenner is also originally from Andersen Consulting. Duane Desisto, who was just shifted to Chief Operating Officer in October, will become President of the company. PaperExchange.com, Inc. is a global e-Marketplace and business solutions provider for the pulp and paper industry. The company has members in more than 100 countries and guarantees that all paper transactions are secure, and transaction and membership data is completely confidential. Headquartered in Boston, Massachusetts, PaperExchange has offices throughout Europe.