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BuzzFeed president Marcela Martin to resign

Reuters · 1y

BuzzFeed's President, Marcela Martin, has announced her resignation, effective January 12, to pursue other opportunities. The company does not plan to seek a replacement, with the president's responsibilities to be absorbed by the CEO and other executives. Martin's departure follows CFO Felicia DellaFortuna's exit in November but was not due to any disagreement with the company. BuzzFeed, which shuttered its news unit earlier this year, went public in 2021 but struggled to find a sustainable business model amid competition from social media platforms.