comScore co-founder Magid Abraham has resigned as Executive Chairman of the Board, to focus on his new role as Executive Chairman of wearable technology developer APX Labs. He will remain on the comScore Board for the remainder of his term, which expires in 2018.
Prior to setting up the firm in 1999, Abraham (pictured) founded customer relationship marketing systems firm Paragren Technologies (now part of Siebel Systems); and was President and COO of Information Resources Inc, (IRI), where he worked for a decade, latterly as Vice Chairman.
In addition to APX Labs, Abraham intends to focus on his work as a visiting scholar at the Stanford Graduate School of Business, and his angel investment work mentoring technology start-ups.
His comScore co-founder and the firm's Chairman Emeritus Gian Fulgoni comments: 'Magid and I founded comScore because we knew we could build a successful business by leveraging new technologies and recruiting incredibly talented people to measure and understand the impact of digital media and commerce. We've far exceeded the original vision, and today we are focused on the future while leveraging the many unique assets that the firm holds. Magid's legacy is powering the future of media measurement'.
Web site: www.comscore.com .