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Pandora CEO Kennedy to step down
Pandora CEO Kennedy to step down
OAKLAND, Calif. (AP) — Pandora Media Inc. Chief Executive Joseph Kennedy is stepping down.
The company announced the change Thursday after reporting fourth-quarter results that showed a narrower loss and higher revenue than analysts expected.
Shares jumped $2.23, or 19 percent, to $13.96 in after-hours trading on the news.
http://bigstory.ap.org/article/pandora-ceo-kennedy-step-down