Pandora Radio: Joe Kennedy
Pandora Radio: Joe Kennedy (CEO)
Pandora is a household name. And Joe Kennedy helped it achieve an unprecedented 8.06% share of the total US radio market in October, up from 6.61% the year prior. Although Pandora hovers at the $20 share price of their 2011 IPO and came under fire for imposing a 40-hour limit on free mobile accounts (a cap they removed six months later), online radio is growing fast with the rise of ever-connected mobile devices. As the first radio station pre-installed on new TV’s, streaming devices, and Blu-ray players, Pandora needs strong leadership more than ever while competitors Spotify and iTunes Radio gain audience. After 10 years at the helm, Joe Kennedy stepped down as CEO of Pandora Radio at a critical time.