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Pandora Names Sling TV Founder Lynch New CEO; Adds Snap Chairman

Pandora named the founding CEO of Sling TV, Roger Lynch, its new CEO.

Internet radio pioneers Pandora Media (P) this afternoon said it named former investment banker and SlingTV founder Roger Lynch to be its new chief executive, replacing interim CEO Naveen Chopra, who will continue as CFO. The announcement sent Pandora shares up 38 cents, or almost 5%, at $8.45, in late trading.

The company also named Snap’s (SNAP) chairman Michael Lynton to its board of directors.

Pandora, you’ll recall, has been through several months of investor drama, with a lifeline from KKR back in early May, and then an investment by SiriusXM (SIRI) and Sirius owner Liberty Media (whose interest in SiriusXM is traded...


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