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LAT Loses Its Chief Revenue Officer

Yes, we know—insert your own joke here: What did this person do all day? Was his informal internal CRO abbreviation SOL? And so on.

Actually, much of what John T. O’Loughlin (pictured) did before TheWrap’s Lucas Shaw got the scoop this morning that he is leaving probably involved trying to translate the incredible success of LATimes.com into equally robust revenue streams. Here’s the statement given to Shaw by LAT spokesperson Nancy Sullivan:

“John O’Loughlin has been a valued member of the Tribune Company team for over 20 years and we wish him the very best in his next endeavors. The Times is in the process of looking at both internal and external candidates to head a strong, diverse revenue team that delivered a great 2011.”

O’Loughlin is headed to the Houston Chronicle, where he will take over as president. Can’t really blame him for jumping on that opportunity. Congrats.

[Photo courtesy LATimes.com]

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