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Pandora Media's Founder Returns As Ceo; Shares Fall


Ron Burgundy
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Westergren, founder and Chief Strategy Officer, and Kennedy, president and CEO of Pandora internet radio, watch as their company begins trading on the floor of the New York Stock ExchangeOnline music streaming service Pandora Media Inc appointed founder Tim Westergren as its chief executive to replace Brian McAndrews, who left the company on Monday, sending its shares down 10 percent. The company also appointed independent board member Jim Feuille as chairman and promoted chief strategy officer Sara Clemens to chief operating officer. Westergren, who co-founded the service in 2000, earlier served as the company's CEO from May 2002 to July 2004.




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