Otello Corporation announces termination of AdColony CEO
The Board of Directors of Otello Corporation today announced the departure of AdColony’s Chief Executive Officer, Will Kassoy. Mr. Kassoy will step down from his position effective immediately. Lars Boilesen, Otello CEO, will act as interim CEO for AdColony while the company searches for his permanent replacement. Mr. Kassoy’s severance will be paid according to contractual obligations.The Chairman of Otello’s Board, Audun Iversen, thanked Mr. Kassoy for his service with AdColony.2017 has been a disappointing year for AdColony, which has been impacted by product delays and poor