Oath CEO Tim Armstrong to Leave the Verizon Unit

Operating chief K. Guru Gowrappan to succeed founder of the media and advertising business

Oath CEO Tim Armstrong in May. He will advise the Verizon subsidiary’s management with its transition efforts before leaving the media and advertising business at year-end.

Photo: Christopher Goodney/Bloomberg News
By

Aisha Al-Muslim

Verizon Communications Inc. said Oath Chief Executive Tim Armstrong will depart the media and advertising business at year-end, and named K. Guru Gowrappan as the subsidiary’s next CEO.

Mr. Gowrappan will become chief executive Oct. 1, Verizon said Wednesday. He has served as Oath’s president and chief operating officer since April. The former Alibaba Group Holding Ltd. executive will report to Verizon CEO Hans Vestberg.

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