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TargetSpot Names Eyal Goldwerger CEO

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TargetSpot, the nation's largest Internet radio advertising network, has named Eyal Goldwerger as its new chief executive officer.

Goldwerger succeeds Doug Perlson, who has led the company as CEO since 2007.

Most recently CEO of marketing software company XMPie, Goldwerger led the growth of the company, overseeing its acquisition by Xerox in 2006. Prior to XMPie, Goldwerger held various management and executive positions at online advertising and e-commerce companies.

"Eyal has a successful track record of taking start-up companies and building them into market leaders," said Fred Wilson, partner at Union Square Ventures. "He has the proven ability to lead organizations through growth and has increased value for investors, employees and partners alike. He is an excellent choice to lead TargetSpot into its next phase of expansion."

Since its inception, TargetSpot's ad network has grown to reach more than 15.3 million unique listeners per month through distribution partners such as CBS Radio, Fox News, Yahoo Launchcast and AOL Radio.

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