Nielsen CFO’s Exit Really Hertz
• Nielsen Holdings is about to lose its second high profile executive in as many months, as it was announced that CFO Jamere Jackson is leaving the company and joining Hertz Global Holdings, Inc. in the same position, effective September 10. Jackson (left), who has has served as CFO of Nielsen Holdings since March 2014 will succeed Thomas C. Kennedy, who has “resigned to pursue the next chapter of his career” after 4 1/2 years.
“We are delighted to have Jamere join our team,” said Kathryn V. Marinello, President & CEO of Hertz. “He is a strategic, results-oriented financial leader with a proven track record of operational excellence. His collaborative leadership style, coupled with an extensive and varied background, including in the consumer products and services arena, will serve Hertz well as we execute our growth strategy in a dynamic environment.”
Jackson’s impending exit is just the latest chapter in what is shaping up to be quite the momentous year for Nielsen — at the end of July Nielsen’s Board of Directors announced that CEO Mitch Barns would exit at the end of the year. And there’s more excitement in the hallways — two weeks ago it was revealed that hedge fun Elliott Management has acquired some 30 million shares of Nielsen (about 8.4 percent of the $9 billion company). The filing also indicated that Elliott intends to push for Nielsen to sell itself.