Tremors Video CEO to exit as adtech outfit beats expectations

Tremor Video chief executive Bill Day is to exit the company, with Paul Caine now acting as interim CEO. The company revealed the news in its Q4 2016 results, when revenue rose 4% year-over-year to hit $53.8m, beating analyst expectations, although revenue for the full year was down by the same percentage points totaling $166.8m for 2016. 
Day has resigned, effective immediately, and will serve as a special adviser to Tremor Video until June, with its chairman of the board Caine acting as C