More bad news for Digg. Earlier today we broke the news that Digg was having a large wave of layoffs that cut 37% its staff, which came alongside the exit of Chief Revenue Officer Chas Edwards. We’ve just confirmed that Digg has also seen another departure from its executive team: Chief Financial Officer John Moffett recently left the company.
Moffett wasn’t a recently appointed executive hire — he’s been with Digg for nearly five years, which means he’s been there for most of the company’s history (it launched in 2004). According to his LinkedIn profile, Moffett has served as Digg’s CFO since 2005, and has led the company’s “financial, legal, and human resource initiatives as part of the executive team.”
According to the LinkedIn profile, Moffett left Digg to become the CFO of Vizu, a firm that specializes in measuring the effectiveness of digital ads. That company has raised $10.7M since 2006.