News - 21/12/2016

Chief Operating Officer Sara Clemens is leaving Pandora Media

Chief Operating Officer Sara Clemens is leaving Pandora Media

Sara Clemens, Chief Operating Officer of Pandora Media, is leaving the company. She will remain employed for a short transition period having resigned on December 16. The news comes barely a month after Pandora Chief Financial Officer Mike Herring dropped the CFO role while maintaining his position as President.

Clemens joined Pandora in 2014 as Chief Strategy Officer. She was promoted to COO in March this year, as part of a reshuffle following the exit of CEO Brian McAndrews. Tim Westergren, Pandora founder, replaced McAndrews in the hotseat.

Clemens led Pandora’s "Music Maker Group", which is focused on "making Pandora an indispensable partner for the music industry" through tools including its Artist Marketing Platform (AMP), as well as Ticketfly – the independent ticketing company acquired by Pandora for $450m in October last year.

Rumours are currently flying around Wall Street that Pandora is ripe for a buyout, with the most likely suitor SiriusXM. Meanwhile, CNBC reports that Pandora’s board is increasingly open to the prospect.

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