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Digital
New CEO for Shazam
By Chris Cooke | Published on Tuesday 30 April 2013
Shazam has hired Rich Riley, formerly of Yahoo!, to be its new CEO, with the content identification technology company’s incumbent boss Andrew Fisher becoming Executive Chairman. The rejig at the top follows the recent appointment of former BBC digital man Daniel Danker to the role of Chief Product Officer, and seems to be part of a plan to enable further expansion and, down the line, an IPO.
Says Fisher: “I couldn’t be more pleased to welcome Rich Riley as Shazam’s new Chief Executive Officer. Rich brings a tremendous amount of experience both as an internet executive where he has rapidly scaled global businesses, to establishing strategic relationships with advertisers and partners, as well as his entrepreneurial approach and skills”.
He added: “Whilst Rich will run our business I will now spend more time focusing on our corporate development and future strategy including our ambitions to deliver a successful IPO for our shareholders as we look to become an increasingly important part of people’s everyday lives, helping them engage with content and brands in the most efficient way possible”.
