Pandora (P) CEO Switch Hints at Stronger Desire to Remain Independent; FBR Affirms at 'Outperform'

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Pandora Founder Tim Westergren Takes the Helm as Chief Executive Officer

March 28, 2016 9:01 AM EDT

Company remains 100% committed to growth strategy

Mike Herring named President and Chief Financial Officer; Sara Clemens named Chief Operating Officer; Chief Product Officer Chris Phillips takes on end-to-end product development and delivery

OAKLAND, Calif.--(BUSINESS WIRE)-- Pandora (NYSE: P), the go-to music source for fans and artists, today announced management team changes to accelerate the companys growth strategy.

Effective immediately, the board appointed founder Tim Westergren as CEO. Tim is a visionary who forever changed how music is enjoyed by leading the development of Pandoras Music... More