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IVillage Co-Founder Resigns

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NEW YORK IVillage co-founder and editor-in-chief Nancy Evans has resigned from the company and its board of directors, the online publisher confirmed.

"It's been a glorious eight years—defying the odds to create a platform of lasting consequence for women, working with the most wonderful colleagues on the planet and serving the millions of women who inspire and delight," Evans said in a statement. "But boy is it time to move on to do a few more things from what iVillage women call the 'forever' projects list."

Seven-year iVillage veteran Kellie Gould, who has been named senior vice president and editor-in-chief, will replace her. Most recently as svp, programming, Gould directed iVillage's editorial team, helped guide the company's programming and oversaw the business operations of the editorial department.

Before joining the New York-based company, which operates Web properties like iVillage.com and Women.com, Gould was a features associate at Vogue. She began her journalism career as a researcher and reporter at Adweek Magazines.

Earlier this month, iVillage reaffirmed its previous guidance for the second quarter. The company, which will report its Q2 financial results next Wednesday, expects quarterly revenue to be flat or up slightly compared to $12.6 million in Q1.

IVillage shares (IVIL) were trading on the Nasdaq today at $1.94, up 13 cents or 7 percent. Its 52-week high is $2.51 and 52-week low is 50 cents.