Now that Tim Armstrong is leaving Oath, where will he land next?


Tim Armstrong, CEO of Verizon’s Oath, is in talks to leave the company as early as October, according to a report in the Wall Street Journal.

Oath includes AOL and Yahoo, two former internet stalwarts that Verizon recently purchased for a combined $9 billion. Armstrong was initially tasked with using parts from each company to create an advertising platform that would rival the so-called duopoly of Google and Facebook. The plan has yet to come to fruition, partly because Verizon former CEO, Lowell McAdams, departed the company; the telco replaced McAdams with Hans Vestberg, an ex-Ericsson exec who has made it clear that Verizon’s future is 5Gnot media.

The news, on which a Verizon spokeswoman declined to comment, invites the question of where Armstrong will land next. Although the obvious (and more likely) move is to wait for a CEO spot to open up, there are also three prominent outfits intent on increasing their market share in ad sales, content or both.

Continue reading at AdAge.com

Via AdAge

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