Seven things for PR pros to know Monday morning

Chadlington to step down as Huntsworth CEO; BuzzFeed raises $50 million in VC funding; NASCAR driver not facing charges after fatal incident in Upstate New York.

Huntsworth CEO Lord Chadlington said Monday morning that he is stepping down from the top job at the UK-based holding company. The politically connected Chadlington’s decision was announced after the umbrella group reported disappointing first-half revenues and he faced shareholder pressure over his pay package. Huntsworth owns and operates agencies Grayling, the Red Consultancy, Huntsworth Health, and Citigate Dewe Rogerson.

BuzzFeed has raised $50 million from Silicon Valley venture capital firm Andreessen Horowitz, bringing its total valuation to about $850 million. The round of funding will go towards potential acquisitions, developing an in-house technology incubator, and launching content sections.

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