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Joe Nguyen exits Comscore after nearly a decade, in the wake of widespread redundancies

Comscore senior vice president of Asia-Pacific Joe Nguyen has left the audience measurement firm, after nearly a decade.

Nguyen’s exit comes at a time when Comscore has announced staff cuts that are expected to affect 10% of its global workforce.

The cuts were initiated by Comscore following a 3.4% decline in total year-over-year revenue in the first quarter to $102.3 million. With an extensive background in cyber-security, Comscore director and interim-CEO Dale Fuller is said to be doing whatever it takes to restore shareholder value, according to industry sources.

The sources also claimed that the Comscore executive vice president international Will Hodgman will also be leaving the organisation.

It is believed Nguyen was offered the option of making redundancies at Comscore’s Asia-Pacific operations. He opted to leave instead, on the condition that there would be no further reductions to his team.

Mumbrella understands that while Comscore will not be hiring, Nguyen’s position will be filled in due course from within the existing team.

Nguyen’s departure from Comscore could also affect his position as chair on the board of the Interactive Advertising Bureau (IAB). According to the bylaws of the IAB which Mumbrella has seen, a regional board member must be a designated employee of a general member organisation of the IAB.

In case of a change in employment, the IAB requires its board member to become part of a general member organisation within 30 days, failing which the board member will have to resign immediately or may be removed.

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