comScore co-founder Gian Fulgoni has brought forward his retirement date, originally planned for the end of next January, and stepped down as CEO. No reason has been given for this change.
Fulgoni (pictured) announced his retirement plans last month, and as previously agreed he has now assumed his former role of Chairman Emeritus, while also providing advisory services for the next year. Until a permanent CEO is named, Bill Livek, comScore's EVP and President, will assume additional management responsibilities; and Board Chair Sue Riley has committed to play an active and daily role in the oversight of the company.
Fulgoni took over the CEO role last year after comScore became mired in problems over accounting irregularities. The audit reported that the firm's previous three years' financial statements 'should no longer be relied upon', and in September it announced that the restatement process to regain compliance had been 'more complex and time-consuming' than previously anticipated. The earliest date for completion is expected to be March 2018.
Web site: www.comscore.com .