Industry Moves: MySpace COO Amit Kapur Stepping Down
This story was written by Tameka Kee.
MySpace COO Amit Kapur is leaving, a little over a year after he was promoted, according to All Things D. Our sources confirmed that he has resigned, though details on when he'll leave and where he's headed are scarce. They did back up Kara's assertion that he might be headed for something "more entrepreneurial"as two other team members are leaving to work with him, one of whom is SVP, products Steve Pearman. Both moves have been announced internally via memo.
CEO Chris DeWolfe promoted Kapur from VP of business development as part of MySpace's push to open its platform and go global; he oversaw the launch of MySpace India and MySpace Music. Pearman oversaw the technical execution on both fronts as well, so it raises the question of whether MySpace feels like the push to open its platform has been successful (and needs no further attention), or whether the team in place didn't get the job done effectively.
By Tameka Kee