ComScore Replaces CEO, CFO as Accounting Probe Enters Sixth Month
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ComScore, the internet and entertainment research firm, replaced its chief executive officer and chief financial officer as the board’s accounting probe dragged on into its sixth month.
Co-founder Gian Fulgoni was named CEO, replacing Serge Matta, who will serve as executive vice chairman and advise his replacement, according to a statement Wednesday. Chief Revenue Officer David Chemerow takes over as CFO for Melvin Wesley III, who will leave the company after a transition period.
ComScore’s stock has plunged this year after disclosing in March that its audit committee received a message regarding the company’s accounting. That disclosure was just weeks after ComScore used a stock swap to acquire Rentrak in a deal valued at more than $800 million.
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