Veoh Hires Mitgang as CEO

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veohlogo1.jpgOnline video company Veoh Networks Inc has announced the hiring of Steve Mitgang, formerly of Yahoo!, as its new CEO, replacing Dmitry Shapiro, who is now the Chief Innovation Officer.

Steve comes to Veoh from Yahoo!, where he was Senior Vice President of the global team leading the definition, creation, and marketing of Yahoo!’s advertising products, platforms, and services. He led the development of Project Panama, Yahoo’s next generation contextual advertising platform.

Wih Steve Mitgang’s arrival, I am curious to see if Veoh develops any interesting ideas to make money with online video. According to the LA Times, Mitgang said his job at Veoh would be to build a one-stop shop for advertisers seeking to connect with viewers of online video.

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