More NewsVendare Loses CEO

Vendare Loses CEO

The Idealab-backed ad network will be led by one of its board members until a replacement is found.

Marketing services provider Vendare Media is searching for a new CEO following the sudden departure of Keith Cohn, who has resigned the post he has held for the past five years. No reason was given for the move.

Cohn will be replaced for the time being by Linda Fayne Levinson, a venture capitalist who joined Vendare’s board in April. Levinson is a former partner at management consulting firm McKinsey & Co., and has sat on the boards of several Internet companies, including Overture, Lastminute.com and Cybersource.

“Linda Fayne Levinson’s extensive strategic and operating experience, particularly in the Internet space, will ensure a smooth transition for Vendare,” Bill Gross, founder and CEO of Idealab, said in a statement. The start-up incubator is Vendare’s largest shareholder.

Vendare Media offers marketing solutions for advertisers and publishers across email marketing, display ads, search marketing, promotions and advergaming. Earlier this year, Vendare Media transitioned its various brands under the company banner, including its TrafficMarketplace ad network, New.net search and navigation solutions, Uproar.com and eMarketMakers.

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