Bloomberg CRO Paul Caine Departs Company

He's moving on to "a new challenge."

Screen-Shot-2014-06-02-at-11.30.08-AMPaul Caine, who joined Bloomberg Media just two years ago as global chief revenue and client partnerships officer, is leaving the company. According to a memo that was obtained by Ad Age, Caine is moving on to pursue “a new challenge.”

Caine arrived at Bloomberg after one year as CEO of WestwoodOne. He previously spent more than two decades with Time Inc.

Bloomberg COO Jacki Kelley is assuming Caine’s duties on an interim basis while the company searches for Caine’s replacement.