Video platform Vimeo's CEO to step down
Last updated on: 06 July,2023 08:18 am
Vimeo, whose shares rose 1.5% in extended trading, also reaffirmed its outlook for the second quarte
(Reuters) - Video-hosting platform Vimeo (VMEO.O) said on Wednesday that its CEO Anjali Sud will leave the company next month to pursue other opportunities.
Sud, a former Amazon executive, who joined the company nine years ago as director of marketing, was at the helm of Vimeo for the past six years.
Board member Adam Gross, a former Salesforce (CRM.N) and Dropbox (DBX.O) executive, will take over as interim CEO, effective Sept. 1, while the company looks for a permanent replacement.
Vimeo, whose shares rose 1.5% in extended trading, also reaffirmed its outlook for the second quarter and full-year 2023.