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The Trade Desk COO Steps Down

Los Angeles-based advertising technology developer The Trade Desk says its Chief Operating Officer, Rob Perdue, is stepping down. According to the firm, Perdue--who has been at the firm since 2013, before its IPO--will step down after a transition period in the first half of 2019. The Trade Desk said Perdue will be stepping down to spend more time with his family. Perdue said, in a statement, that "this is the right time for me to move on to the next phase of my life." In the meantime, the company says it has begun a search for a new COO.