CBS Corp. has planted a flag in Silicon Valley.
CBS Interactive prexy Quincy Smith confirmed the long-rumored move in announcing some shuffling among the division’s senior management Thursday.
The Eye’s new office in Menlo Park will be headed by Steve Snyder, CBS Interactive’s chief operating officer. Michael Marquez, a Yahoo alum who joined CBS Interactive a year ago, will also be based out of the Menlo Park office and has been promoted to exec veepee of strategy and corporate development, CBS Interactive.
Byron Rubin has moved from CBS’ corporate development and M&A division to become exec veep and chief financial officer for CBS Interactive. Marquez will work closely with Rubin on strategy and development issues but continue to report to Smith.
Smith said the opening of the Menlo Park outpost and Rubin’s transfer from the corporate side to the interactive unit “shows how seriously we are taking the growth and acquisition opportunities in this space.”
CBS Interactive’s entertainment operations will be headed by g.m. Anthony Soohoo, founder of tech firm Dotspotter.com, which was recently purchased by CBS. Soohoo will also be based in Menlo Park.
CBSSports.com general manager Jason Kint will take on responsibility for CBSNews.com. Kint’s credited with helping to drive the Eye’s success with its “March Madness on Demand” Web syndication of its NCAA men’s basketball championships, which raked in north of $23 million in online ad revenue, up from $10 million in 2007.