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Recode: Pandora CEO to step down

Jun. 26, 2017 1:48 AM ETPandora Media (P) StockPBy: Yoel Minkoff, SA News Editor9 Comments
  • 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.

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