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October 3, 2012 08:00 pm GMT
Mobile and social game developer Crowdstar is at it again with a new CEO at the helm. The company is promoting from within and giving Jeffrey Tseng, the general manager of products, the top slot. Peter Relan, who co-founded the company and has served as CEO for the past year and nine months, moves into an executive chairman role. This is a marked change from two years ago when the company hired a chief executive externally and brought in Niren Hiro, a veteran from AdMob, the mobile advertising company that Google acquired for $750 million. Hiro left the company amicably after less than a year. "The reality is that this is a company that's going to thrive under a product CEO," said Relan, who is a prolific investor in the gaming space that has backed companies like OpenFeint, iSwifter and HTML-focused Spaceport.io. "The last time we brought in an external CEO, he had more of a business development background and I'm completely sure what we need now is a product CEO."
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/Q-wwwNtxt8M/
Mobile Game Developer Crowdstar Chooses A CEO From One Of Its Own
Mobile and social game developer Crowdstar is at it again with a new CEO at the helm. The company is promoting from within and giving Jeffrey Tseng, the general manager of products, the top slot. Peter Relan, who co-founded the company and has served as CEO for the past year and nine months, moves into an executive chairman role. This is a marked change from two years ago when the company hired a chief executive externally and brought in Niren Hiro, a veteran from AdMob, the mobile advertising company that Google acquired for $750 million. Hiro left the company amicably after less than a year. "The reality is that this is a company that's going to thrive under a product CEO," said Relan, who is a prolific investor in the gaming space that has backed companies like OpenFeint, iSwifter and HTML-focused Spaceport.io. "The last time we brought in an external CEO, he had more of a business development background and I'm completely sure what we need now is a product CEO."Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/Q-wwwNtxt8M/
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