Thursday, July 6, 2017

Report: Adam Bain Top CEO Candidate For Pandora

Adam Bain
Pandora board members and top shareholders have Adam Bain, Twitter’s former chief operating officer, on a short list of possible candidates to become the company’s new CEO, The NY Post is reporting.

“They have someone in mind who is a world-class executive with an advertising background,” said one source close to the search.

That person is Bain, a second source confirmed.  The 44-year-old’s name has cropped up in recent conversations among the board members and larger shareholders of the streaming radio service — though search firm Spencer Stuart, hired to find a new boss for the Oakland, Calif., company, has yet to have substantive talks with Bain, sources said.

Bain was Twitter’s main point of contact with Madison Avenue and could help Pandora boost its ad revenue, which was up just 1.4 percent in the first quarter after rising 15 percent in 2016.

Bain isn’t currently working full time and quit Twitter in November.

Pandora CEO Tim Westergren stepped down in June — as did president Mike Herring and chief marketing officer Nick Bartle.

Westergren will likely remain involved with Pandora, sources said.

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