Pandora’s CEO is stepping down as digital music evolves

The rumors were true: Pandora CEO Tim Westergren has announced that he’s stepping down from the company he co-founded 17 years ago. He’ll remain in the leadership position while the company searches for a replacement. President Mike Herring and marketing chief Nick Bartle are also leaving, the streaming music company says. While Pandora isn’t clear about why the executives are bowing out, it comes after efforts to “refocus and reinforce” the firm by selling its ticket business and taking a $ 480 million cash infusion from SiriusXM. In other words, it’s likely looking for fresh blood as it adapts to a changing digital music landscape.

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Source: Pandora

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Post Author: martin

Martin is an enthusiastic programmer, a webdeveloper and a young entrepreneur. He is intereted into computers for a long time. In the age of 10 he has programmed his first website and since then he has been working on web technologies until now. He is the Founder and Editor-in-Chief of BriefNews.eu and PCHealthBoost.info Online Magazines. His colleagues appreciate him as a passionate workhorse, a fan of new technologies, an eternal optimist and a dreamer, but especially the soul of the team for whom he can do anything in the world.

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