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Chief revenue officer Ralf Jacob is taking over as president of Verizon Digital Media Services from Bob Toohey who has been named executive VP for AOL, which Verizon acquired for $4.4 billion last year.
Jacob, who joined Verizon in late 2013, after the company acquired cloud-based streaming media company upLynk, had been chief revenue officer since he came on board. Jacob was VP of digital media for Deluxe Digital Studios.
Jacob said increasing VDMS’ annual revenue growth, reinforcing VDMS’ end-to-end media supply chain image vs. the competition, and growing the company’s international foothold would be his top priorities.