New Acxiom CEO Scott Howe Signals Close Attention to Clients

by Luke Jones  on Wednesday, Jul. 27, 2011 3:36 pm  

Scott Howe, Acxiom's new president and CEO. (Photo by Jason Burt.)

Howe said there are clients who want to stay with Acxiom, but only if the company's technology keeps pace with the clients' ambitions.

"That's a warning for the future, but a validation of how strong our relationships are," Hayes said. "They want us to succeed."

Howe succeeds John Meyer as chief executive. Meyer left Acxiom in March, the same time the company disclosed a non-cash impairment that contributed to a fourth-quarter loss and plans for its chief financial officer, Christopher Wolf, to also leave the company that summer.

Acxiom's stock plunged 23 percent on news of the executive departures and the non-cash impairment.

But on Wednesday, Acxiom shares (Nasdaq: ACXM) finished up 18 percent to $13.97. The company also announced first-quarter earnings up 12 percent from the same quarter last year.

More

A look at Scott Howe's professional history

 

 

Please read our comments policy before commenting.