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Pandora Hires New CFO

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On Monday, Internet radio service Pandora (NYSE: P  ) announced it has hired away Adobe Systems' (NASDAQ: ADBE  ) Vice President of Operations Michael Herring to serve as its new chief financial officer.

The move represents a return to a CFO role for Herring, who prior to joining Adobe held CFO positions at both Omniture (before Adobe bought it) and (back when it was known as

Pandora investors took the news in stride Monday, holding the stock to just a 0.3% loss in a market where many companies fell much farther. Shares closed at $11.42.

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Rich Smith

I love things that go "boom." Sonic or otherwise, that means I tend to gravitate towards defense and aerospace stocks. But to tell the truth, over the course of a dozen years writing for The Motley Fool, I have covered -- and continue to cover -- everything from retailers to consumer goods stocks, and from tech to banks to insurers as well. Follow me on Twitter or Facebook for the most important developments in defense & aerospace news, and other great stories besides.

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Related Tickers

11/27/2015 12:59 PM
ADBE $92.17 Up +0.40 +0.44%
Adobe Systems CAPS Rating: **
P $13.73 Down -0.09 -0.65%
Pandora Media CAPS Rating: *