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Mediaco Holding ( (MDIA) ) has provided an update.
MediaCo Holding Inc. has entered into an Employee Leasing Agreement with Standard Media Group, enhancing its operational capacity by leasing employees for key roles in legal, digital products, and news operations. The company has also appointed Alberto Rodriguez as interim CEO, succeeding Jacqueline Hernández, while Rene Santaella steps in as Chief Operating Officer with a competitive compensation package. These strategic moves come as MediaCo aims to strengthen its position as a leading multicultural media company, reflecting diverse communities through its expansive media assets and innovative content offerings.
Learn more about MDIA stock on TipRanks’ Stock Analysis page.