“Ross Adams has notified the Board that he wishes to resign from his position, following nearly eight successful years as Chief Executive Officer of Acast AB (publ) (“Acast”), to continue in a strategic advisory role. The Board has resolved to appoint Greg Glenday, currently Chief Business Officer, as new Chief Executive Officer to succeed Ross Adams. Greg Glenday will assume his new position immediately.”
We have reached out for more context. Adams’s formal statement conributes standard language and sentiment:
“I’m incredibly proud of the value we’ve created at Acast, building a market-leading global podcasting platform, delivering profitability, and having had the privilege to lead such brilliantly talented people. As I transition into a strategic advisory role, I remain committed to supporting the company’s continued success and delivering long-term value for shareholders.” — Ross Adams
Glen Glenday, meanwhile, has been part of Acast’s management since 2023. His corporate pedigree includes a board positions on the Ad Council, and Music Audience Exchange.
“I am honored and energized to step into the role of CEO of Acast and further its track record of being at the forefront of podcasting innovation. I look forward to working with our immensely talented team of Acasters, our creators, and our advertising partners to unlock podcasting’s full potential and shape the future of the industry.” — Greg Glenday, new CEO of Acast.
