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Pandora Media, Inc. Message Board

  • ryanissamson ryanissamson Sep 11, 2013 4:22 PM Flag

    New CEO

    Pandora (NYSE: P) announced that the company’s Board of Directors has appointed Brian McAndrews, formerly of Madrona Venture Group, Microsoft and aQuantive, to succeed Joe Kennedy as Chief Executive Officer, President and Chairman, effective immediately.

    In its search for a new CEO, the Board sought a candidate who could build on Pandora’s leading position in internet radio and accelerate its fast-growing advertising business.

    Following senior positions at General Mills and ABC, McAndrews, took over Avenue A, a small digital agency in Seattle in 1999, and as President and CEO built it into aQuantive, the fastest-growing digital marketing company in the world at the time. aQuantive was subsequently acquired by Microsoft for $6 billion in 2007. After serving as a senior vice president at Microsoft and running Microsoft’s Advertiser & Publisher Solutions group, McAndrews joined Madrona as an investing partner in 2009, focusing on early-stage technology companies. In addition to his work at Madrona, McAndrews currently serves on the boards of The New York Times Co., Grubhub Seamless and AppNexus.

    McAndrews was recognized as Advertising Age’s first-ever “Digital Executive of the Year” and he was designated one of the 30 most influential executives in the advertising, marketing and media world in Adweek’s 30th Anniversary issue.

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P
27.35-0.47(-1.69%)Aug 20 4:01 PMEDT

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