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November 28, 2012 01:16 am GMT

Mihir Shah Is Out As Tapjoy CEO in Surprise Shake-Up. Former Disney Exec Wadsworth Steps In.

tapjoyIn a surprise shake-up at mobile app marketing company Tapjoy, CEO Mihir Shah resigned today while a former Disney executive Steve Wadsworth stepped in. There was an all-hands meeting at around 11 a.m. this morning and Mark Leschley, who is now chairman of the board, introduced Wadsworth. Shah wasn't present. Wadsworth had been at Disney for 17 years, working on the company's digital media and technology business, and he oversaw the company's roughly $700 million acquisition of social gaming company Playdom.

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