NEW YORK — DoubleClick Inc. said Chief Financial Officer Stephen Collins plans to resign that post, effective Friday, though he will remain with the company as an adviser through the first quarter of next year.
DoubleClick gave no reason for the change, though Mr. Collins said the move will allow him to “focus on other priorities, including my family.”
In the face of a declining Internet-advertising market, DoubleClick (DCLK) has been making a series of acquisitions in an attempt to diversify. But analysts said the new lines of business will take time to produce results.
Bruce Dalziel, previously the company’s vice president of finance and operations for the technology, data and research businesses, will become the acting chief financial officer.
Mr. Collins will continue to work with DoubleClick on certain strategic initiatives, reporting directly to Chief Executive Kevin Ryan.
The acting CFO, Mr. Dalziel, joined DoubleClick nearly a year ago as vice president of financial planning, analysis and investor relations.
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