NEWS2 January 2020

Nielsen CFO exits

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US – Nielsen has announced that its chief financial officer and chief operating officer David Anderson has resigned as the company goes through the process of separating into two businesses.

The company said a search was "well underway" for a successor through an external search firm.

Anderson only joined Nielsen in September 2018 as CFO, taking on the additional role of COO in March 2019. Prior to Nielsen, he spent 11 years as senior vice-president and CFO of Honeywell International.

Chief executive officer, David Kenny, said: "We are full steam ahead in preparing for the separation of our global media and global connect businesses. As independent, publicly traded companies, Media and Connect will enjoy added flexibility and further strengthen their paths towards a new phase of growth, productivity and industry leadership. Dave Anderson played an important role at Nielsen during a critical time for the company. We appreciate his many contributions."

He added: "I'm confident in the quality and depth of our finance and accounting teams, which will ensure financial reporting continuity through the CFO transition."

Anderson added: "I am grateful for the opportunity to have served on the Nielsen leadership team and wish my Nielsen colleagues great success as the company moves forward."

@RESEARCH LIVE

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