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comScore

October 20 2017


Gregory FinkIn the US, comScore has promoted Gregory Fink to the role of Chief Finance Officer, replacing David Chemerow who resigned in September to ‘pursue other opportunities’.

Chemerow left following a year which had seen comScore shares plunge 35%, after it was revealed that an audit had been set up to examine accounting irregularities. The company then reported in the audit that its previous three years' financial statements 'should no longer be relied upon'. More recently, in September, the firm announced that the restatement process to regain compliance with its periodic reporting requirements had been ‘more complex and time-consuming’ than previously anticipated, and the earliest date for completion is expected to be March 2018.

Coinciding with this announcement, Chemerow quit as CFO, with his post being filled on an interim basis by David Kay, who has now resumed his full-time role at CrossCountry Consulting LLC, which has been providing comScore with accounting consulting services relating to its pending restatement and audit process. Fink (pictured) takes up the CFO post, after joining as EVP, Finance earlier this month. He previously spent eleven years at mortgage giant Fannie Mae (The Federal National Mortgage Association), and held senior roles at MCI, Inc. and Deloitte.

CEO Gian Fulgoni comments: ‘Greg is a proven leader with an outstanding track record of managing large finance teams. He has a wealth of experience in overseeing complex accounting matters and financial operations that will help move comScore forward. I'd like to thank Dave Kay for stepping into the CFO role on an interim basis and look forward to his continued contributions as a consultant,’

Separately, the company has given National Football League CIO Michelle McKenna-Doyle a seat on its Board, as part of comScore’s settlement agreement with shareholder Starboard.

Web site: www.comscore.com .