Hearst Ventures Names Verizon Alum Managing Director

WWD: Hearst Ventures, Hearst Corp.’s strategic investment arm, has tapped Dave Famolari for the position of managing director. Famolari comes to Hearst from Verizon, where he was the director of its ventures division since 2013. While at Verizon Ventures, he helped expand the investment portfolio in industries, technologies and market sectors.