Pandora Names Former aQuantive Chief Brian McAndrews CEO
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Pandora has turned to the advertising industry for its new chief executive, naming Brian McAndrews the Internet radio company’s CEO, president and chairman on Wednesday.
Mr. McAndrews replaces Joe Kennedy, who has served as Pandora’s CEO since 2004. The company announced in March that it had begun a search for Mr. Kennedy’s successor. Mr. McAndrews was president and CEO of early online advertising company aQuantive, onetime owner of early digital ad agency Razorfish, ad-server Atlas and ad network DrivePM. Microsoft bought aQuantive for $6 billion in 2007 — its largest acquisition at the time — in a bid to keep up with Google, which had just bought DoubleClick.
“No one better understands the intersection of technology and advertising, which he clearly demonstrated during aQuantive’s meteoric rise. He has a recognized ability to set strategy, lead large teams and drive growth and innovation at great scale,” said Pandora founder and chief strategy officer Tim Westergren in a company statement.
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