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Erik Huggers resigns as CEO of Vevo

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Vevo, the music video service supported by major record companies, has announced the departure of its CEO, Erik Huggers.

Huggers has previously worked at the BBC, at Verizon (who owns TechCrunch) and elsewhere. He joined Vevo in 2015.

Under his leadership, Vevo was working to become less dependent on YouTube (which was his main syndication partner) by developing more apps and products like the Watch Party chat feature. The company was also working on a subscription service, although Huggers said earlier this year that these plans had been delayed in favor of international expansion.

Vevo says Huggers is leaving "to pursue new opportunities," with chief financial officer Alan Price acting as interim CEO. Price played a similar role after the departure of Rio Caraeff, the founding CEO.

"We would like to thank Erik for his hard work, dedication and leadership at Vevo, which has grown significantly during his tenure and helped forge stronger links between artists and fans through popular features and original programming. ". l & # 39; ads.

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