named William Mitchell as its new chief financial officer on Thursday.
Mitchell will take the helm by Nov. 20, when CFO Andrew Kaplan will leave the company. Previously, Audible had said Kaplan would remain with the company and take a new position that focused on Audible's international business.
Mitchell recently served as CFO of
, an Internet marketing technology company. Mitchell helped the company's return to pro forma profitability and the certification process for Sarbanes-Oxley Section 404, which relates to management's responsibilities for financial reporting, in 2004 and 2005, Audible said.
"Bill Mitchell has a proven track record of building successful online and offline companies. We will immediately benefit from his ability to integrate operating and financial planning to improve performance," Donald Katz, CEO of Audible, said in a statement.
Audible shares had risen penny to $7.23 in recent trading.
The audio content company reports its third-quarter results after the bell on Thursday.