TechCrunch Hires An M&A Specialist As CEO - Why?
Om Malik has just broken the news that Heather Harde, senior vice president of mergers and acquisitions at Fox Interactive Media and a Harvard MBA, has been appointed as the new CEO of TechCrunch.
I’m not very familiar with American job titles as everyone seems to be a VP, EVP or SVP, but Heather seems to be a fairly senior person at Fox Interactive which makes me wonder:
- Why would TechCrunch require an M&A specialist?
- Is TechCrunch so big now that it needs such a senior hire as a CEO?
It’ll be interesting to see if TechCrunch do carry out any acquisitions over the next 6-12 months, although I doubt they need an M&A specialist to do this. Valuing sites is such a fuzzy area that there is no precise method and I’m not sure how much expertise Heather could really add.
Update: Announcement on TechCrunch
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Pingback by Reader Tips: 18 March 2007 on 18 March 2007:
[...] TechCrunch is hiring a CEO: could this signal a new trend in the blogosphere? [...]
Comment by wpthemes on 19 March 2007:
What?..a CEO…boy has the blogosphere changed.
Comment by IndoDX on 20 March 2007:
Maybe TechCruch try different way to beat the competitor
and make some new step on BLOGGING ^_*
Comment by ForumeR on 21 July 2007:
Maybe they wanna compete with Google someday huhu , or maybe they afraid of my blog