Closing out a tumultuous year, online wine seller Lot18 has promoted its chief marketing officer, Jay Sung, to CEO.
It's not clear who most recently held the position. Cofounder Kevin Fortuna's LinkedIn profile still lists him as CEO, though Business Insider learned in June that Fortuna, after a series of layoffs and executive departures at the startup, no longer had a day-to-day role at the company.
We've asked a Lot18 representative for more information about the executive change.
Please follow SAI on Twitter and Facebook.
Join the conversation about this story »
