• by Mark Walsh  @markfwal, September 24, 2013

Tim Westergren, founder and chief strategy officer, Pandora, speaking this afternoon with Bob Garfield at OMMA Global, suggests the online radio service may be looking to make more acquisitions in light of its recent $231 million stock sale. But he notes the company has no specific targets and that the capital will also go toward continuing product development and organic expansion. Regarding the recent hiring of digital ad veteran Brian McAndrews as Pandora’s new CEO, Westergren said people may be making too much of his background in the ad industry. He views him as a good leader more broadly that can help the company continue to grow.