By: Gigaom
November 23, 2011 at 15:03 PM EST
Data-as-a-service startup Infochimps swaps out CEO
Infochimps, the two-year-old company that runs a "data marketplace" where owners of datasets can charge for their usage, is swapping CEOs. Co-founder Nick Ducoff, has stepped down from the CEO role and the company is looking for a "seasoned executive" to take his place.

Infochimps, the two-year-old company that runs a “data marketplace” where publishers and other owners of datasets can charge for their usage, is swapping CEOs.

Nick Ducoff

Nick Ducoff, who co-founded the company, has stepped down from the CEO role, the company said Wednesday. He will be staying on with the company as a board advisor. In a blog entry posted Wednesday Ducoff said he has “mixed feelings” about scaling back his day-to-day involvement with the company, but according to an Infochimps spokesperson the move was a “mutual decision to seek new leadership” and is totally amicable.

The company wants to get a seasoned executive in the CEO role, someone who has scaled companies before to “take them to the next level” of growth, the spokesperson said. Meanwhile, Ducoff has other plans in the works, we’re told, but for now he is keeping them under wraps. Infochimps COO Joe Kelly will assume the role of interim CEO as the company hunts for a new permanent chief executive.

Infochimps launched in September 2009 and has since taken on around $1.5 million in venture capital funding. The company’s data catalog now has more than 200 suppliers including Twitter and Foursquare, and the company has more than 10,000 customers, according to the company.  For a more in-depth look at what exactly Infochimps does, you can check out a recent video interview GigaOM conducted with its President and CTO Philip “Flip” Kromer here.

Related research and analysis from GigaOM Pro:
Subscriber content. Sign up for a free trial.


Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here