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The Trade Desk stock price drops due to reports of executive departures
Investing.com – The share price of The Trade Desk (NASDAQ:TTD) fell 3.4% on Tuesday, after reports that several executives at the demand-side platform company were leaving.
Adweek reported that three key executives are set to depart the company. Chief Marketing Officer and Executive Vice President Ian Colley announced that, after seven years with the company, he will leave to pursue new opportunities. Colley’s role will be taken over by Anna Sayre, who has also spent roughly the same amount of time in the company’s marketing department.
Colley was appointed Chief Marketing Officer of The Trade Desk in early 2022; previously, he served as the company’s Head of Communications. Last autumn, he led a brand marketing campaign that positioned the company as an alternative to Meta, Google, and Amazon’s walled-garden platform operations.
Also leaving at the same time are the company’s top Head of Communications Melinda Zurich, and Senior Vice President Matthew Henick, who is responsible for the consumer products business and previously led The Trade Desk’s streaming operating system, Ventura TV OS. Rob Caruso, who joined the company from Google last summer, will take over leadership of Ventura TV OS.
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