AOL’s Biz Dev SVP and Strategy Chief Heads to Spotify
Jared Grusd, AOL’s SVP of business development and chief of strategy, is leaving the New York Internet giant to work at Spotify, according to sources close to the situation.
At AOL, according to his bio, Grusd “oversees the organization responsible for all domestic and international strategic partnerships and commercial alliances for AOL and each of its operating units. He is also responsible for identifying and evaluating new corporate strategies and opportunities for the company.”
The marathon fiend and former Google exec — who held top legal-deal jobs there — also serves on AOL’s Executive Management Team.
It is not clear what the well-respected Grusd will be doing at the online music service, which has been expanding its executive ranks as it has moved aggressively into the U.S. market. But sources said it was a high-level position in New York.
Spotify recently hired former Clear Channel exec Gerrit Meier as GM of distribution and partnerships, reporting to U.S. head Ken Parks.
Spotify also just scooped up former AOL sales head Jeff Levick — another Google alum — as its chief advertising officer.
The departure of Grusd further thins out the exec ranks at AOL, which is still mired in a turnaround under the leadership of CEO Tim Armstrong (yes, he too is a former Googler!).
I lobbed a query into AOL PR for comment, and am awaiting news of my news.