Nielsen Announces CFO Transition Process; Reaffirms 2019 Financial Guidance
NEW YORK, Dec. 23, 2019 /PRNewswire/ -- Nielsen (NYSE: NLSN) announced today that Chief Financial Officer and Chief Operating Officer David J. Anderson has resigned, effective December 31, 2019. A search for a successor is well underway with the assistance of an external search firm.
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.”
Mr. Anderson stated, “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.”
Mr. Kenny 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.”
The company also reaffirmed its fiscal year 2019 guidance as discussed on its third quarter 2019 earnings conference call held on November 7, 2019.
Nielsen Holdings plc (NYSE: NLSN) is a global measurement and data analytics company that provides the most complete and trusted view available of consumers and markets worldwide. Nielsen is divided into two business units. Nielsen Global Media, the arbiter of truth for media markets, provides media and advertising industries with unbiased and reliable metrics that create a shared understanding of the industry required for markets to function. Nielsen Global Connect provides consumer packaged goods manufacturers and retailers with accurate, actionable information and insights and a complete picture of the complex and changing marketplace that companies need to innovate and grow.
Our approach marries proprietary Nielsen data with other data sources to help clients around the world understand what’s happening now, what’s happening next, and how to best act on this knowledge.
An S&P 500 company, Nielsen has operations in over 100 countries, covering more than 90% of the world’s population. For more information, visit www.nielsen.com.
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