Bitly Poaches Top Exec From AOL's Patch as CEO

Four months after Bit.ly announced the resignation of CEO Peter Stern, the company has finally revealed a replacement: Mark Josephson.

Josephson currently serves as the head of revenue and marketing at Patch, AOL's struggling network of local news websites, where he has worked for more than two years. Josephson confirmed to Mashable that he put in his resignation at AOL within the last 30 days and will start full-time at Bit.ly on Sept. 1, though he is already spending some time in the office.

"This year, my focus as CEO will be to make sure we have the right people and the right products to deliver on the promise of Bit.ly," Josephson told Mashable in an interview. That promise, he says, is to improve content sharing and analysis online. "I think it's logical to assume we are working to make our products better, particularly on the enterprise side." Read more...