BlackArrow, a leader in advanced advertising services for the pay-TV industry, has announced the departure of Dean Denhart as CEO after seven years in the role.
BlackArrow president Nick Troiano will lead the company in Denhart's absence.
According to the company's PR department, spinning through CED Magazine, Denhart's departure has been planned for some time, with the executive notifying the board months ago that he needed to leave for personal reasons.
"Denhart oversaw exceptional growth at BlackArrow and helped establish the company as the leading advertising technology provider to pay-TV operators", said Michael Pohl, chairman of the board for BlackArrow, declining to use the departing CEO's first name in a prepared statement. "The board is appreciative of what he and the executive staff have achieved and the transition of leadership to Nick positions BlackArrow for continued success."
Under Denhart's guidance, BlackArrow led the creation of pay-TV's growing business of dynamic ad insertion into VOD programming, servicing 32 million subscribers worldwide through such clients as Comcast (NASDAQ: CMCSA), Time Warner Cable (NYSE: TWC), Bright House Networks and Rogers Communications.
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