Industry Moves: ValueClick--Gigya; Jupitermedia's COO; National Geographic Digital
This story was written by Tameka Kee.
Gigya Gets New CEO : Fresh off an $11 million cash injection, widget distributor Gigya has named ValueClick vet David Yovanno its new CEO, Mediapost reports. Yovanno is replacing Gigya co-founder and CEO Eyal Magen, who will become Chief Strategy Officer while continuing to head up the company's Israel-based operations. Founded in 2006, the Israel and Palo Alto, Calif.-based widget distribution and tracking network has raised $23.5 million so far, from investors like DAG Ventures and Mayfield Fund.
Yovanno, who served as *ValueClick*'s COO, U.S. media, seemingly got out while the getting was goodthe embattled online advertising company already saw profits slide in Q2, and will report Q3 earnings this Wednesday amidst analysts' lowered earnings targets and price estimates. In a cost-cutting effort, *ValueClick* recently shed two of its "non-core" business units, including media planning and buying tech provider Mediaplex Systems.
*Jupitermedia* President and COO Resigns : Jupitermedia's President and COO Christopher Cardell has resigned, and Chairman and CEO Alan Meckler will take on both of Cardell's former roles. The Darien Conn.-based media company recently sold its online images division for $96 million (to rival *Getty* Images), in order to focus on its properties like Mediabistro.com and EarthWeb.com.
-- National Geographic: John Caldwell has been named president of National Geographic Digital Media (NGDM). Caldwell will oversee all NGV digital media and business initiatives, including operation of Nationalgeographic.com and its digital extensions. He was serving as acting president of the NGDM group since last May. Caldwell joined NGDM in 2007 as vice president of strategic development, and prior to that was VP, corporate development, for the consumer health start-up Revolution Health Group.
By Tameka Kee