- Pandora (NYSE:P) co-founder and CEO Tim Westergren plans to step down, according to Recode, but he'll likely remain at the company until a replacement is found.
- Westergren started his second stint as Pandora's CEO in 2016.
- Since then, the streaming business has been the subject of many sales rumors, and earlier this month SiriusXM agreed to invest $480M in exchange for a stake and three board seats.