Music videos service Vevo has been without a chief executive since the end of 2014, when founder Rio Caraeff stepped down. Today, it’s expected to name his successor. According to Bloomberg, that successor will be Erik Huggers. If that name is familiar, it may be because one of his previous jobs was at the BBC in the early days of its iPlayer catch-up TV service, while more recently he has been working at Intel at a never-launched online TV service.
“Huggers is being brought in to give Vevo a higher profile in the eyes of consumers through an improved interface, particularly in mobile,” claims Bloomberg. “The site is looking grow into something more than a channel accessed through other outlets such as YouTube… His mandate may expand to include a plan for investors to get a return through a sale of shares to the public in an IPO.” That heads off rumours last year that Vevo’s owners – including Sony Music, Universal Music and Google – were hoping to sell the company.
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