Huffington Post on Thursday named a former executive within its corporate ranks, who also does Ironman triathalons, as new chief executive.
Jared Grusd comes from Spotify, where he has been the global head of corporate development and general counsel. He’d been a top strategic and business development official at AOL and was part of the team that bought Huffington Post in 2011.
AOL itself was acquired by Verizon in June for $4.4 billion. The jury will remain out for quite a period on how good a match that proves to be, with much initial speculation that the telecommunications giant didn’t have much strategic longterm interest in Huffington Post.
Arianna Huffington was on vacation in her native Greece — she’s presumably in better financial shape than the nation’s own treasury — but dispatched this memo to staff with her characteristic bonhomie:
I’m thrilled to announce that Jared Grusd will be joining HuffPost as our new CEO.