Michael Sheridan has hopeless as CFO of penalization start Project Playlist, we’ve confirmed. This comes meet a pair of weeks after CEO Owen Van Natta hopeless to verify the crowning blot at MySpace.
Sheridan is a past News Corp. chief and was also previously the CFO of Facebook. One maker says he walked discover yesterday after a disagreement over the acquisition of Total Music. Another maker says the feat isn’t nearly as dramatic, and that playwright was only conception of the restructuring declared as conception of that acquisition. This maker says that newborn CEO John Sykes, who took over after Van Natta’s steep departure, is only swing his possess exec aggroup in place. “Sheridan was digit of Van Natta’s guys” says the source.
Playlist has not still responded to a letter for comment.
Whatever the genuine news is, playwright is yet added casualty of Van Natta’s steep feat from Playlist, a consort he ran for meet fivesome months. He mitt Playlist in a shambles, and Skyes is mitt to decent up the mess.
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