He made his remarks even as news emerged that Yahoo's chief technology officer, Raymie Stata, has just been replaced.

"Honestly, it's fine," Levinsohn said when asked how things are at Yahoo in the wake of Bartz's departure, during an appearance at the Web 2.0 Summit, where he was interviewed on stage by conference co-chairman John Battelle.

"If you've done jobs like this over the years, you sort of get used to it," he said, referring to shakeups at the executive level.

Levinsohn declined to comment about rumors that Yahoo and AOL might merge, and remained mum when asked about the process to find a new CEO.

Levinsohn, former president of News Corp.'s Fox Interactive Media, also sidestepped the question of whether he would be interested in the Yahoo CEO job, saying he's focused on doing the job he was hired for a year ago.