Saturday, August 17, 2013

PlaceIQ Hires Tumblr’s Former Finance VP as First CFO...

PlaceIQ Hires Tumblr’s Former Finance VP as First CFO

Mobile advertising technology company PlaceIQ has hired Scott Casey away from Yahoo! to be the first CFO in the company’s three-year history. Mr. Casey was VP-finance at Tumblr and oversaw the company’s $1.1 billion acquisition by Yahoo! earlier this year.

"Revenue is at a place right now where we wanted to bring in someone who has a history of scaling big companies," PlaceIQ CEO and co-founder Duncan McCall said.

Mr. Casey’s work history includes helping oversee the sale of Tumblr, one of the most successful exits for a Internet company in recent history. The other notable companies he’s helped grow, however — MySpace and Zynga — have since transitioned from Internet darlings to proof that we are in the midst of a second dot-com bubble.

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