NBCU ad sales chair Linda Yaccarino says the executive will depart in early 2023.
Molen has agreed to stay with the company through the end of Q1 2023, per a note from NBCUniversal ad sales chair Linda Yaccarino, to whom Molen reported. Molen, along with her co-president Mark Marshall, led advertising sales and partnerships for the company, including overseeing the company’s critical upfront negotiations.
Molen’s departure comes at a critical juncture for the advertising market, with essentially all media and entertainment companies grappling with declining ad sales revenue amid macroeconomic pressures. Paramount, which owns CBS and Paramount+, also saw changes at the top of its advertising sales unit this year, with Jo Ann Ross shifting to an advisory role, and John Halley taking the top job.Dear esteemed colleague, partner, mentor, and friend,I have some new to share.
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