CEO of listed podcast firm steps down
London-based podcast company Audioboom has announced that its CEO Rob Proctor has stepped down from therole and as a director of the company with immediate effect.
Stuart Last, the firm’s COO, has been appointed interim CEO with immediate effect and the board has commenced the search for a permanent replacement, it said.
The firm hosts over 13,000 content channels, with key partners including A+E Networks and Associated Press in the US, 'Casefile True Crime' in Australia and Edith Bowman, Jonathan Ross, and the 'No Such Thing As A Fish' show in the UK.
It also produces its own podcast content, with shows including 'Formula 1®: Beyond the Grid', and 'Dead Man Talking',
Michael Tobin, chairman of Audioboom said Proctor had taken the firm from a pre-revenue start-up to one of the world's top audio platforms.
“I wholeheartedly wish him the best for the future,” said Tobin.
“He leaves behind a company in the best shape it has ever been and at the forefront of the burgeoning podcast industry. I look forward to announcing a new CEO in due course who will continue to drive Audioboom's strong growth and performance."
Proctor, who joined the company in 2012 from social media firm Reality Digital, said the time was right for the move.
"Since I started with Audioboom it has become one of the most important global podcast platforms, hosting and monetising some of the world's best audio,” he said.
“The business is now entering a more mature phase and I believe that the time is now right for me to pursue more entrepreneurial opportunities.
“I wish the customers, clients, shareholders and especially the fantastic team at Audioboom, the very best for the future."
The company said that the firm continues to perform well and will provide a third quarter trading update to the market next week.