Verizon's head of media and advertising Tim Armstrong will leave at the end of the year, the company announced Wednesday. CNBC reported Armstrong was in talks to leave as of Sept. 7.
Armstrong came to Verizon in 2015 to help try to combine the company's acquisitions of AOL and Yahoo into a digital advertising unit called Oath but those efforts have yet to produce significant growth. Verizon has decided to integrate Oath more fully with the rest of the company's operations, according to a WSJ report, despite recent discussions about spinning off Oath into a separate business.
This story is developing. Please check back for updates.
from Top News & Analysis https://ift.tt/2NF6ghm
No comments:
Post a Comment