Jamba CEO Resigns
Lucy Hood, CEO of mobile entertainment company Jamba, resigned today.
Hood said in a press release that she “is eager to pursue more entrepreneurial ventures.”
Hood was with News Corp. (NWS) for more than a decade and helped launch Fox Mobile Entertainment in 2005. Her team was responsible for text voting on American Idol, inventing the “Mobisode” (according to the press release) with such video content as the Emmy-nominated 24: Conspiracy, and the ad-sponsored video series Prison Break: Proof of Innocence.
In September 2006, News Corp. paid $188 million to VeriSign (VSGN) for a controlling interest in Jamba and combined it with Fox Mobile Entertainment.
Jamba COO Lee Fenton will fill in for Hood until a new CEO is chosen.
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