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MySpace recruits former Facebook exec Van Natta

Posted on April 24, 2009 at 3:21 PM
Filed under: Movers & Shakers
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Owen Van Natta (pictured) will be taking over as chief executive of News Corp.'s (NYSE:NWS) MySpace. Van Natta, who is the former chief revenue officer and vice president of operations for Facebook Inc., takes over for departing MySpace co-founder Chris DeWolfe.

As we reported Thursday, News Corp. chief digital officer Jonathan Miller, in the job less than a month, is acting quickly to reinvigorate MySpace, presumably with a new revenue-generating business model. Van Natta's dealmaking and technological expertise should help to that end.

In addition to overseeing strategic alliances and negotiating a $240 million capital infusion from Microsoft Corp. (NASDAQ:MSFT) while at Facebook, Van Natta previously was vice president of worldwide business and corporate development at Amazon.com Inc. (NASDAQ:AMZN). He also was a founding member of A9.com, Amazon's search engine company, where he was responsible for site operations and sponsored-link advertising. - Suzanne Stevens

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