Rdio CEO To Step Down
Rdio CEO Drew Larner has stepped down from his post. He will remain a chairman with the firm.
“Momentum from last year has been tremendous, the best person to take this to the next level, it’s probably someone with a different skill set,” Larner told Bloomberg. “I’m a business guy and a deal guy. The next stage of the company is about building an enormous user and subscription base, and there are people out there better at that than I am. Companies often outgrow their founding executive teams. Those who get the company off the ground aren’t always the best at growing the company in the second stage into a mass-market product,” Larner added.
Larner has been CEO of San Francisco-based Rdio since 2009.
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