CEO No More -- Peter Stern of Bitly Resigns

Posted March 13, 2013

Peter Stern will pursue other interests

Bitly, via it’s blog, announced this week that after about a year with the company CEO Peter Stern has “resigned to pursue other interests.”

“Peter has been a key leader and contributor to the Company,” said Bitly Board member Sam Mandel in the blog post. “In particular he has been instrumental in transforming Bitly into a successful business while growing its unparalleled data set. We are very happy that he will remain a shareholder and supporter.”

It seems there is a trend developing – in recent days Groupon CEO Andrew Mason was fired and Pandora CEO Joe Kennedy stepped down.

Read more:

Ousted Groupon CEO Andrew Mason is a Role Model for How to Get Fired

Like Groupon's Andrew Mason, Joe Kennedy of Pandora Knows When to Move On

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