Vimeo hires AOL exec as CEO

Online video site Vimeo has hired former AOL executive Kerry Trainor as chief executive. This follows the move of Dae Mellencamp to president of the IAC-owned company. Trainor was previously senior vice president of AOL’s Huffington Post Media Group.

“Under Dae’s guidance, Vimeo has grown from a fledgling video sharing site to a business with over 70 million unique users a month and hundreds of thousands of paying subscribers. By uniting Kerry’s understanding of monetisation and scale content businesses with Dae’s keen product and community sensibility, I’m confident Vimeo’s growth will accelerate. We really have high ambitions for this business,” said Greg Blatt, CEO, IAC.