Business Wire

Adding Executive Firepower, Audible Appoints Tech, Digital Media, and Information Services Leader Bob Carrigan as CEO, Reporting to Founder Don Katz

Share

Audible, Inc., the world’s largest seller and producer of digital spoken-word entertainment and information, today announced that Bob Carrigan will join the company on January 2nd as Chief Executive Officer reporting to founder Don Katz, who will become Executive Chairman.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20191217005400/en/

Don Katz, Founder and Executive Chairman of Audible, Inc. (Photo: Business Wire)

Don Katz, Founder and Executive Chairman of Audible, Inc. (Photo: Business Wire)

“Bob Carrigan is among the most accomplished, creative, intellectually adept, and inspirational CEOs I have watched succeed over my twenty years of studying and chronicling businesses and my twenty-four years leading Audible,” said Katz. “His transformational stewardship as CEO of the pioneering global information and subscription services juggernaut, IDG, and his visionary leadership as CEO of the venerable international data and analytics institution that is Dun & Bradstreet testify to his rare ability to field big ideas and turn them into customer-centric action. Both companies became far more connected to their customers, to their founding entrepreneurial roots, and both became more meaningful places to work.”

“Bob and I have traded insights on how to translate complex ideas into clear strategic and tactical action as trusted confidantes for years,” Katz continued. “From the time Bob and I first met, when he was a senior executive at AOL two decades ago, I have watched him positively disrupt institutional status quos to measurable and lasting effect. I could not be more thrilled that the stars have aligned to allow him to join the Audible adventure full-time. Bob has lived Audible’s People Principles in his own way over three decades. To welcome someone like Bob as CEO is a thrilling leap forward for me, for our talented and committed employees around the world, and for our many millions of loyal listeners and the many millions more to come.”

As Executive Chairman, Katz will work closely with Carrigan on overarching strategies as Carrigan takes over responsibility for global business operations. Katz will also focus on Audible’s global content strategy and the company’s extensive social and public policy objectives in Newark and other locations.

“Audible’s evolution from start-up to global powerhouse is a remarkable business and cultural phenomenon,” said Carrigan. “I could not be more honored and excited to join Don and the talented people who have worked so hard to serve millions of customers and so many of our most gifted professional creators. I’m looking forward to being part of Audible’s next chapter as it soars into the future.”

Carrigan most recently served as the Executive Chairman of Genscape, a leading provider of data and analytics to the global energy markets, until its sale to Verisk Analytics in November 2019. Previously, Mr. Carrigan served as Chairman and CEO of Dun & Bradstreet, where he led a business, technology, and cultural transformation that restored the iconic 177-year-old firm to consistent, profitable growth. Before that, Carrigan served as CEO of IDG, transforming that company from traditional print publisher to modern media company, growing multiple new revenue streams across 200 countries. Carrigan also spent four years at America Online Inc. as senior vice president of Interactive Marketing, leading business development for all technology channels. Carrigan is a former member and Chairman of the Interactive Advertising Bureau (IAB). His industry distinctions include Ernst & Young NJ Master Entrepreneur of the Year, Folio 100 Industry Influencer and CEO Innovator of the Year for Large Business Publishers.

Prior to founding Audible, Katz was a journalist and author for twenty years; his work won a National Magazine Award, an Overseas Press Club Award, the Chicago Tribune Heartland Prize for Nonfiction, and was nominated for a National Book Critics Circle Award, among other prizes. In 1994, Katz’s idea that the future of media would be transformed by ubiquitous pocket-borne solid state devices packed with the sound of culture led to the creation of Audible. Today, Audible operates nine Audible audio services beyond the U.S.: audible.co.uk, audible.de, audible.fr, audible.com.au, audible.co.jp, audible.it, audible.ca and two services in India, audible.in and Audible Suno.

Katz is also the founder of Newark Venture Partners, a social impact early-stage investment fund and ultra-bandwidth accelerator that seeks to connect Newark – Audible’s global headquarters – to the early-stage technology start-up innovation economy.

ABOUT AUDIBLE, INC.

Audible, Inc., an Amazon.com, Inc. subsidiary (NASDAQ:AMZN), is the leading provider of premium digital spoken audio content, offering customers a new way to enhance and enrich their lives every day. Audible content includes more than 475,000 audio programs from leading audiobook publishers, broadcasters, entertainers, magazine and newspaper publishers, and business information providers.

Contact information

Matthew Thornton
Audible
mthornton@audible.com

About Business Wire

For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

Bermuda Confirmed as a Global Leader in the Fight Against Money Laundering and the Financing of Terrorism and Proliferation18.1.2020 00:11:00 EETPress release

Bermuda’s regulatory regime has been assessed by the Caribbean Financial Action Task Force (CFATF), and the global inter-governmental Financial Action Task Force (FATF), and confirmed for having some of the highest international standards when it comes to combatting money laundering and the financing of terrorism and proliferation. The mutual evaluation report (MER) of Bermuda’s systems and framework, published today by the CFATF, highlights the outstanding work that has been done to comply with the FATF 40 Recommendations, used by 180 governments to protect the integrity of the international financial system. Of the more than 75 MERs published to date, Bermuda ranks first against the Technical compliance requirements, with 39 of the 40 Recommendations rated as Compliant or Largely Compliant, is in the top six for overall level of effectiveness and one of only two jurisdictions with a high level of effectiveness in relation to its risk assessment and domestic coordination mechanisms. S

Moody’s Analytics Wins an Artificial Intelligence Award17.1.2020 16:00:00 EETPress release

Moody’s Analytics, a global provider of financial intelligence, has won the Best Financial Services AI Solution category at the 2019 Artificial Intelligence Awards. We won this award for the QUIQspread™ solution, which helps institutions automate the spreading of financial statements. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200117005191/en/ Our extensive financial spreading expertise and data resources are at the heart of the QUIQspread tool, which uses machine learning to understand an institution’s financial data spreading policies. Increased accuracy, shorter processing times, and lower costs are achieved as the tool gets smarter with every spread. As a software-as-a-service platform, QUIQspread is scalable with business growth. It contains data on the financials of more than 22 million private firms, which immediately helps it to improve spreading accuracy. The QUIQspread tool easily integrates with clients’ inter

L&T Technology Services Reports a 10% Increase in Q3FY20 Net Profit17.1.2020 15:36:00 EETPress release

L&T Technology Services Limited (BSE: 540115, NSE: LTTS), India’s leading pure-play engineering services company, announced its results for the third quarter ended December 31, 2019. Highlights for Q3FY20 include: USD Revenue at $199 million; growth of 7% YoY Revenue at Rs 14,230 million; growth of 8% YoY EBIT margin at 16.8%; up 30bps YoY Net profit at Rs 2,041 million; growth of 10% YoY During the quarter, LTTS won 9 multi-million dollar deals across all major industry segments which includes 2 deals having TCV of USD30mn+ each. On a YoY basis, LTTS has increased its USD20mn+ clients by 2 and its USD10mn+ clients by 4. “Q3 results were consistent with our expectations. We had a strong performance in three segments - Transportation, Plant Engineering, and Medical Devices that are each growing in excess of 20% on YoY basis. Digital & leading-edge technologies - the growth driver for ER&D, contributed to 41% of Q3 revenues and grew by 29% YoY. We are seeing a new set of opportunities as

Schlumberger Announces Full-Year and Fourth-Quarter 2019 Results17.1.2020 14:50:00 EETPress release

Schlumberger Limited (NYSE: SLB) today reported results for full-year 2019 and the fourth quarter of 2019. Full-Year Results (Stated in millions, except per share amounts) Twelve Months Ended Change Dec. 31, 2019 Dec. 31, 2018 Year-on-year Revenue $32,917 $32,815 0% Income (loss) before taxes - GAAP basis $(10,418 ) $2,624 n/m Pretax segment operating income* $3,978 $4,187 -5% Pretax segment operating margin* 12.1 % 12.8 % -68 bps Net income (loss) - GAAP basis $(10,137 ) $2,138 n/m Net income, excluding charges & credits* $2,054 $2,261 -9% Diluted EPS (loss per share) - GAAP basis $(7.32 ) $1.53 n/m Diluted EPS, excluding charges and credits* $1.47 $1.62 -9% Full-Year Revenue by Area North America $10,843 11,984 -10% Latin America 4,149 3,745 11% Europe/CIS/Africa 7,683 7,158 7% Middle East & Asia 10,017 9,543 5% Other 225 385 n/m $32,917 $32,815 0% North America revenue $10,843 $11,984 -10% International revenue $21,849 $20,446 7% North America revenue, excluding Cameron $8,525 $9,55

H.I.G. Capital Invests in Luxury Complex Near Venice17.1.2020 14:46:00 EETPress release

H.I.G. Capital, LLC ("H.I.G."), a leading global private equity investment firm with over $35 billion of equity capital under management, announced today that one of its affiliates has recently completed an investment in Portopiccolo, a state of the art, self-contained luxury complex near Venice which includes 203 high-end residential apartments, a five-star hotel with a spa and 110 marina berths. Terms were not disclosed. H.I.G. continues to add to its sizeable holdings of real estate assets across Europe, consisting of both equity as well as debt investments, with a focus on its target market of value-add small and midcap opportunities. Riccardo Dallolio, Managing Director and Head of H.I.G. Realty Partners Europe, commented: “This marks our 10th real estate investment in Italy. The Italian real estate markets represent a key part of our European value-add strategy and we continue to actively look at opportunities in the small/midcap sector across the capital structure.” Gabriele Mag

Philip Morris International Recognized for Business Excellence in 4th Annual One Planet Awards17.1.2020 14:21:00 EETPress release

Philip Morris International Inc. (PMI) (NYSE: PM) has been recognized among this year’s most awarded winners in the One Planet Awards program, an initiative acknowledging business and professional excellence in industries around the world. The company earned four awards for its achievements in delivering a smoke-free future from the more than 50 judges, who represent a wide spectrum of global industry experts. PMI received Gold awards in the Achievement of the Year in Diversity and Milestone of the Year categories in recognition of becoming the first multinational company to achieve global EQUAL-SALARY certification; PMI’s president of South & Southeast Asia, Stacey Kennedy, was awarded Gold in the Woman of the Year in Business & the Professions category; and the company earned a Grand Trophy for being among this year’s most-awarded winners. “We are passionate about our work at PMI to achieve a smoke-free future and make better alternatives to cigarettes available for men and women who

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom