Omnimedia CEO Gersh Steps Down
It was a short reign. Lisa Gersh, who was named CEO of Martha Stewart Omnimedia in July, has "stepped
down" per the company, The Wrap reports. Company directors are searching for a successor. The company’s shares have lost 45% of their value over the last 12 months, and fell about
1.2% in initial trading today. Omnimedia's Whole Living magazine was also closed this year. Gersh had served as Omnimedia president and COO since 2011.
Recent Raw Articles
-
Facebook Upgrades Page Post Link Ads June 17, 6:15 p.m.
As part of its recent effort to simplify its ad offerings, Facebook on Monday announced updates ...
-
Google Pushes 'All Access' Via Starbucks June 17, 2:54 p.m.
With Apple announcing its own music streaming service last week, it wouldn’t be surprising to see ...
-
Fandango Adds To Video Lineup June 17, 12:22 p.m.
Continuing to broaden its content offerings, Fandango over the weekend launched a new series called “Summer ...
-
Samsung, Jay-Z Team For Album Release June 17, 10:22 a.m.
In what the company is calling a first for the music industry, Samsung will release rapper ...
-
Netflix and DreamWorks Make a Big Deal for Original Kids Content June 17, 9:56 a.m.
Netflix and DreamWorks Animation this morning announced a multi-year deal in which the studio agreed to ...
-
Deutsch Founder David Deutsch Dies at 84 June 13, 7:59 p.m.
Sad news out of Interpublic’s Deutsch Inc. today—agency founder David Deutsch passed away. He was 84. ...
-
Trailer Watching Up On PCs, Mobile June 13, 5:06 p.m.
Moviegoers are watching trailers on PCs and mobile devices more than ever, according to the latest ...
-
Facebook Kills Sponsored Results June 13, 4:31 p.m.
As part of its ad consolidation effort, Facebook is scrapping sponsore results, the search ad unit ...
-
MediaCom at Cannes: Hound Dog Approach To Creativty June 13, 12:55 p.m.
WPP's MediaCom is hosting a session next Monday at the Cannes advertising festival designed to help ...
-
Conductor Appoints Caci To CFO Post June 12, 3:27 p.m.
SEO tech firm Conductor appointed Jim Caci to CFO, leading the company's finance, accounting, human resource ...
Be the first to comment on "Omnimedia CEO Gersh Steps Down"
Leave a Comment