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Burger King's CMO resigns

Published by Business Insider on Fri, 02 Apr 2021


<bi-shortcode id="summary-shortcode" data-type="summary-shortcode" class="mceNonEditable" contenteditable="false">Summary List Placement</bi-shortcode><p>Hi and welcome to Insider Advertising for April 2. I'm senior advertising reporter Lauren Johnson, and here's what's going on:</p><ul><li><a href="https://www.businessinsider.com/burger-king-chief-marketer-fernando-machado-resigns-2021-4">Burger King's CMO resigns.</a></li><li><a href="https://www.businessinsider.com/spotify-locker-room-acquisition-grows-podcasting-ecosystem-anchor-2021-3">Spotify's aggressive podcast ambitions.</a></li><li><a href="https://www.businessinsider.com/harrys-just-raised-155-million-to-expand-its-razor-and-cpg-products-2021-3">Harry's new funding.</a></li></ul><p>If this email was forwarded to you, <a href="http://newsletter.businessinsider.com/join/4np/insider-advertising&amp;hash=7b80d46ae169287dfc6c392039d19857">sign up here for your daily insider's guide to advertising and media.</a></p><p>Tips, comments, suggestions' Drop me a line at <a href="mailto:ljohnson@insider.com">LJohnson@insider.com </a>or on Twitter at <a href="https://twitter.com/LaurenJohnson">@LaurenJohnson.</a></p><hr><section></section><section><h3><img src="https://static2.businessinsider.com/image/6066384452f11d0019431b2c-1200/fernando machado - burger king.png" border="0" alt="Fernando Machado Burger King" data-mce-source="Burger King"></h3><h3><a href="https://www.businessinsider.com/burger-king-chief-marketer-fernando-machado-resigns-2021-4">Burger King's top marketer Fernando Machado just resigned</a></h3></section><section></section><ul><li><a href="https://www.businessinsider.com/burger-king-chief-marketer-fernando-machado-resigns-2021-4">Fernando Machado, CMO of Burger King parent company Restaurant Brands International, has resigned, Patrick Coffee and Tanya Dua reported.</a></li><li>Machado said he has accepted a new job but declined to give details.</li><li>The former Unilever exec joined Burger King in 2014 and was promoted to lead RBI's marketing in 2020.</li></ul><h3><a href="https://www.businessinsider.com/burger-king-chief-marketer-fernando-machado-resigns-2021-4">Read the story.</a></h3><hr><h3><a href="https://www.businessinsider.com/spotify-locker-room-acquisition-grows-podcasting-ecosystem-anchor-2021-3"><img src="https://static1.businessinsider.com/image/6044f73944d8e300117b97a9-2131/GettyImages-617693928.jpg" border="0" alt="Spotify employees, spotify office" data-mce-source="Jonathan Nackstrand/AFP/Getty Images" data-mce-caption="Spotify's new work-from-anywhere program will promote flexibility and diversity, executives told Insider."></a></h3><section><h3><a href="https://www.businessinsider.com/spotify-locker-room-acquisition-grows-podcasting-ecosystem-anchor-2021-3">Spotify's latest acquisition could make it a one-stop shop for podcast production, analysts say</a></h3><ul><li><a href="https://www.businessinsider.com/spotify-locker-room-acquisition-grows-podcasting-ecosystem-anchor-2021-3">Spotify announced this week it had acquired Locker Room, a live-audio app similar to Clubhouse, Paige Leskin reported.</a></li><li>Analysts said that it is the latest step by Spotify to create a full ecosystem for podcast production.</li><li>Spotify has invested hundreds of millions into podcasting since 2019 to diversify its revenue apart from music streaming.</li></ul></section><h3><a href="https://www.businessinsider.com/spotify-locker-room-acquisition-grows-podcasting-ecosystem-anchor-2021-3">Read the story.</a></h3><hr><section><h3><a href="https://www.businessinsider.com/harrys-just-raised-155-million-to-expand-its-razor-and-cpg-products-2021-3"><img src="https://static1.businessinsider.com/image/60662a1552f11d0019431ade-900/52354543_1537572093043221_2005972906617602048_o.jpg" border="0" alt="Harry's" data-mce-source="Facebook/Harry's"></a></h3><h3><a href="https://www.businessinsider.com/harrys-just-raised-155-million-to-expand-its-razor-and-cpg-products-2021-3">Harry's doubles down on growth with $155M in new funding, valuing the company at $1.7B one year after its deal with the maker of Schick fell through</a></h3><ul><li><a href="https://www.businessinsider.com/harrys-just-raised-155-million-to-expand-its-razor-and-cpg-products-2021-3">Harry's just raised $155 million in Series E funding, bringing its value to $1.7 billion, Alex Bitter reported.</a></li><li>The money could fund Harry's expansion into new products and parts of the world.</li><li>It's a change in strategy for Harry's, which was on track to be acquired by Edgewell in 2020.</li></ul></section><section></section><h3><a href="https://www.businessinsider.com/harrys-just-raised-155-million-to-expand-its-razor-and-cpg-products-2021-3">Read the story.</a></h3><hr><h3>More stories we're reading:</h3><section><ul><li><a href="https://www.businessinsider.com/how-to-get-a-job-at-youtube-interview-hiring-guide-2021-3">The ultimate guide to getting a job at YouTube, according to current employees and its global staffing director</a> (Insider)</li><li><a href="https://www.businessinsider.com/ad-agency-phenomenon-parts-with-founder-and-ceo-2021-3">Ad agency Phenomenon, which worked with Pepsi and DC Entertainment, parts with its CEO and founder after 15 years</a> (Insider)</li><li><a href="https://www.businessinsider.com/amazon-discussed-discount-electronics-home-goods-stores-report-2021-4">Amazon has reportedly looked into opening its own discount stores for electronics and home goods</a> (Insider)<section></section></li><li><a href="https://www.businessinsider.com/former-parler-ceo-john-matze-launches-gofundme-for-legal-fees-2021-4">Former Parler CEO John Matze launched a GoFundMe page to crowdfund his legal fees</a> (Insider)<section></section></li><li><a href="https://www.sportico.com/business/media/2021/meadowlark-funding-draftkings-1234626277/">Meadowlark raises $12.6 million from Michael Lynton, DraftKings, others</a> (Sportico)</li></ul></section><p>Thanks for reading and see you on Monday! You can reach me in the meantime at <a href="mailto:ljohnson@insider.com">LJohnson@insider.com</a> and <a href="http://newsletter.businessinsider.com/join/4np/advertising-insider" data-analytics-module="body_link" data-analytics-post-depth="100">subscribe to this daily email here</a>.</p><p><a href="https://www.businessinsider.com/insiders-top-advertising-and-media-stories-for-april-2-2021-4#comments">Join the conversation about this story &#187;</a></p> <p>NOW WATCH: <a href="https://www.businessinsider.com/worlds-most-expensive-liquid-thoroughbred-horse-semen-2020-3">Why thoroughbred horse semen is the world's most expensive liquid</a></p>
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