The Amazon-owned audio books distributor, Audible, has named its new CEO. Founder and current CEO, Don Katz, is stepping down and transitioning into the role of Executive Chairman.
“Bob Carrigan is among the most accomplished, creative, intellectually adept, and inspirational CEOs I have watched succeed over my 20 years of studying and chronicling businesses and my 24 years leading Audible,” Katz said in a statement. He added, “Bob and I have traded insights on how to translate complex ideas into clear strategic and tactical action as trusted confidantes for years. From the time Bob and I first met, when he was a senior executive at AOL two decades ago, I have watched him positively disrupt institutional status quos to measurable and lasting effect. I could not be more thrilled that the stars have aligned to allow him to join the Audible adventure full-time.”