Retailers shift their ad spending from TV, radio and print ads to digital ads.
Monica Woo, who was named Nutrisystem’s chief marketing officer and executive vice president of e-commerce in November, is leaving the company in mid-August. Woo is being replaced in the job by Chris Terrill, senior vice president of e-commerce.
Just eight months after naming a chief marketing officer, Nutrisystem Inc. is moving another executive into the position.
Monica Woo, who was named Nutrisystem’s chief marketing officer and executive vice president of e-commerce in November, is leaving the company in mid-August to pursue other interests, the company says. Woo is being replaced in the chief marketing officer’s job by Chris Terrill, senior vice president of e-commerce. Nutrisystem, No. 46 in the Internet Retailer Top 500 Guide, didn’t immediately say if Terrill will continue to oversee e-commerce.
Prior to joining Nutrisystem, Terrill was employed as the vice president of product and marketing at Blockbuster.com, the Internet arm of Blockbuster Inc. Terrill also held various executive positions at Match.com for six years.
Woo, who’s annual compensation package included a $300,000 base salary, a bonus of up to $300,000 and a $50,000 starting bonus, joined Nutrisystem from 1-800-Flowers.com, where she was president of the consumer floral division. As part of her employment agreement upon leaving Nutrisystem, Woo is entitled to one year’s base salary, a prorated bonus and 12 months of health care coverage, group life insurance and disability, Nutrisystem says in its annual proxy statement filed with the Securities and Exchange Commission in April.