TechCrunch Hires Heather Harde as New CEO

Photo Credit: Scott Beale of Laughing Squid
Om Malik broke the news, Michael Arrington also confirmed it yesterday.
Heather Harde senior vice president of mergers and acquisitions at Fox Interactive Media has joined TechCrunch as its new CEO.
Per Arrington, “I have the pleasure of confirming the rumors Heather Harde, currently the SVP of Mergers and Acquisitions at Fox Interactive Media, will start her new job as the CEO of the TechCrunch Network (and my boss) by the end of the month.”
As one can imagine, there must be more to the story than simply running the affairs of TechCrunch - other than editorial.
Harde managed a $2 billion budget and was charged with strategic acquisitions for Fox Interactive. She’s been with the company for ten years. So could that elude to acquisitions or investments in TechCrunch’s future?
It’s already widely known that Mike has stakes in several startups, and isn’t terribly concerned with editorial objectivity for covering these companies.
While there are rumors that Heather might explore media acquisitions to grow the TechCrunch empire, I question whether or not the return will be as great as other “acquisitions” or potentially early seed financing for up-and-coming Web 2.0 companies.
Update: Visit PR2.0 for the latest on this subject - live comments from Twitter.
Story also on bub.blicio.us
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