Dave Finocchio, co-founder of Bleacher Report, will be leaving this summer – Variety

Dave Finocchio is leaving Turner's Bleacher Report, the multi-faceted digital sports company he co-founded in 2005 and has managed as CEO for the last three years.

While Finocchio is expected to release in June, Turner Sports has named Howard Mittman as the CEO of Bleacher Report. Finocchio hired Mittman, who held a dual role of revenue manager and chief financial officer, in August 2017. Once Finocchio leaves, he will report to Matt Hong, Turner Sports' chief operating officer, who has been overseeing Bleacher Report for six years.

In a note to staff announcing his planned departure, Finocchio did not indicate what he planned to do next. "I've known for a long time that it's not good for me to do this forever," he wrote. "I consider life as a set of experiences. While BR may be the most incredible trip I've ever had, I want to have more. "

Turner bought B / R in 2012 for around $ 175 million. Finocchio left at the end of 2014 to launch Binge Media, a mobile content discovery platform. Turner then hired Finocchio in January 2016 to return to Bleacher Report as CEO; As part of Finocchio's return to B / R, Turner acquired the badets of Binge Media.

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Bleacher Report, targeting Millennials and Generation Z sports fans, claims to reach more than 250 million people a month, whether on Facebook, Instagram or Twitter, with brands like House of Highlights, B / R Football and B / R Kicks.

Prior to joining B / R, Mittman worked for 12 years at Condé Nast, most recently as Business Director for the Men's Group. Previously, Mittman was acting editor for Popular Science and held positions in New York, Mutual Funds, Financial Planning and Sanford C. Bernstein & Co.

"Howard has a wealth of experience in the industry, reflecting his creativity, innovative thinking and unwavering pbadion for the Bleacher Report brand," Turner Sports' Hong said in a statement. He also thanked Finocchio, "without whom there would be no B / R, whose contributions to the organization are immeasurable and will be visible for years through business strategy and products."