BuzzFeed COO, President Jon Steinberg Is Stepping Down
Steinberg, the social news site's 15th employee, will move into an advisory role.
BuzzFeed chief operating officer and president Jon Steinberg is stepping down after nearly four years with the social news website to pursue new projects in the web and media space.
CEO Jonah Peretti announced the personnel change to employees via email on Monday morning. The email, which a BuzzFeed spokeswoman provided to THR, notes that Steinberg will join BuzzFeed investor Lerer Ventures (led by BuzzFeed chairman Ken Lerer) as an advisor. He will also act as an advisor to the company as he transitions away from the role.
"As you know, Jon was instrumental in building BuzzFeed into the great company we are today; joining as the 15th employee in a tiny SoHo office, defining and growing our innovative social content advertising products, helping grow the company to 500 employees all over the world and building a strong, profitable operation," Peretti wrote in the note.
Prior to joining BuzzFeed, Steinberg was an executive in residence at Polaris Venture Partners. He also spent time at Google and Booz Allen.
"We're so thankful for Jon's leadership that helped get us here. He will always be family to us," added Peretti. "We are growing and continuing our mission of building a media company that is anchored around social, and a business that is transforming the advertising industry."