Vivato CEO Steps Down
He will stay on as the firm's chairman. A spokeswoman for the company told Unstrung that Vivato has appointed an unnamed interim CEO and is on the hunt for a permanent replacement.
The shakeup at the top comes after Vivato made a number of management changes and laid off around 10 percent of its workforce in August (see Vivato: Shaken & Stirred Up ).
The spokeswoman for Vivato says that Biba's move is all part of the same process: "This is positioning to take the company to the next level...
"The board, which includes the VCs, are supportive of the management changes," she added, helpfully.
— Dan Jones, Senior Editor, Unstrung