RealTime IT News

K2 Design names de Ganon as Chairman and CEO

K2 Design Inc. said Matthew de Ganon, agency co-founder, president and vice chairman, was named chief executive and chairman.

David Centner, also a co-founder and former chief executive, will voluntarily leave the agency to pursue other Internet entrepreneurial opportunities, said the agency, which has been undergoing a variety of executive changes.

Last week, in a statement accompanying its earnings report, the agency said management believes the company's results of operations in the third quarter of 1998 will reflect a significant decrease in revenues as compared to the comparable period in 1997, and an operating loss, principally as a result of the company's focus on reorganizing its senior management team.