The Exit Five CMO Podcast (Hosted by Dave Gerhardt)

#128: Marketing Leadership | The Role of CMO, Taking a New Job, Making Changes in the Marketing Org (with Peter Mahoney, CMO, GoTo)

Apr 1, 2024
Peter Mahoney, CMO of GoTo and author of The Next CMO: A Guide to Operational Marketing Excellence, joins Dave to discuss his journey back into CMO role, strategies for driving changes in a marketing org, team dynamics at GoTo, and balancing strategy with execution. They also touch on embracing diversity, past hiring mistakes, and building a long-term vision for marketing success.
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ANECDOTE

Back in the Game

  • Peter Mahoney, after selling his company Plannuh, consulted and advised before becoming GoTo's CMO.
  • His wife suggested he "get a real job," leading him back to a CMO role.
ADVICE

Proactive Job Searching

  • When searching for a CMO role, define your ideal criteria like location and company size.
  • Proactively reach out to CHROs at target companies, highlighting your fit for future openings.
INSIGHT

Restructuring for Efficiency

  • GoTo, formerly LogMeIn, underwent changes after going private, including marketing restructuring.
  • Mahoney reduced the marketing team by 40% to simplify operations and improve accountability.
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