![]() She will be succeeded by board member Adam Gross on an interim basis. Vimeo announced Sud’s departure earlier this month. However, the past year hasn’t been great for Vimeo, which had its second round of layoffs in January, impacting 11% of employees. Sud oversaw the growth of more than 300 million users to the platform. Since taking the helm, Sud transformed the video hosting service from just a YouTube competitor to a growing, public software company aimed at serving businesses and content creators. In 2017, Sud became Vimeo CEO after previously working as general manager and head of Marketing for three years. The streamer reports 64 million monthly active users. based on total TV viewing minutes, according to Nielsen. In March, Tubi was the most-watched FAST service in the U.S. “Tubi is doing things differently in a space that is being imminently disrupted, and that is my kind of opportunity.” “The future of streaming TV is free, and I am excited to join the Tubi team to help shape the next wave of entertainment by giving all people access to all the world’s stories,” Sud added. Discovery and Netflix are also eyeing the space in order to boost their ad businesses. Global FAST revenues for TV shows and movies are set to reach $18 billion in 2028, triple from $6 billion in 2022. Sud joins Tubi as FAST services continue rising in popularity. Before that she held various positions in e-commerce, finance and media at Amazon and Time Warner. She previously served as General Manager and Head of Marketing, where she oversaw the growth of over 260 million users to the platform. “We are witnessing a seismic shift in where and how content will be consumed, and I believe that Tubi can become the destination for the next generation of audiences,” said Sud in a statement. Chief Executive Officer Anjali has been CEO of Vimeo since July 2017. Following her tenure as CEO at Vimeo, Sud will officially join the Fox-owned free ad-supported TV streaming (FAST) service on September 1. Learn more at appointed Anjali Sud as its new CEO, the company announced Monday. We proudly serve our growing community of more than 300 million users - from creative storytellers to globally distributed teams at the world’s largest companies. We enable anyone to create high-quality videos to connect better and bring ideas to life. Vimeo (NASDAQ:VMEO) is the world’s most innovative video experience platform. Adam is an active startup investor and advisor in several companies including dbt, Cribl, Tailscale, and Buildkite. In 2013 Adam sold Cloudconnect, a company he co-founded, to Heroku, a Salesforce subsidiary, and later served as CEO of Heroku, expanding the business from self-serve to enterprise. Weve given our e-book on People Analytics an update for 2023 - read it. Vimeo reaffirms its second quarter and fiscal year 2023 outlook for revenue and adjusted EBITDA, and will provide a full update on its second quarter results in its upcoming earnings report after market close on August 1 and live Q&A session on August 2.Īdam is a SaaS and enterprise software veteran, having started two companies, and held senior roles at high growth, industry-leading companies including Salesforce and Dropbox. Anjali Sud, CEO of Vimeo, is still finding creative ways to use video after all. “I am excited for Adam and for Vimeo to benefit from his experience and leadership.” “I believe deeply in the company’s strategy, team, and future success, and will continue to be an enthusiastic supporter for every moment of what comes next,” said Anjali Sud. are frequently instructed to stop whatever we're doing and watch a Vimeo link or go. “Having spent the last two years working closely with the executive team and the details of the business, I’m thrilled to step into this role to accelerate and streamline the company’s strategy in making video a key part of how every business communicates with its customers, employees, and partners.” sales Vesna Cudic, founder Andy Whittaker and CEO Anna Godas. “Video is becoming central to how businesses operate, and Vimeo’s proven experience and technology have earned it a leading role in this rapidly expanding opportunity,” said Adam Gross. “We are grateful for Anjali’s impact over nine years at the company and a pivotal era of transformation at Vimeo, and I have no doubt she’ll continue to do big things.” ![]() Schiffman, Vimeo’s chairman of the board. ![]() I look forward to partnering closely with him and Vimeo’s seasoned leadership team as we focus on the significant opportunity ahead,” said Glenn H. “As an experienced executive, SaaS veteran and trusted member of Vimeo’s board since 2021, Adam brings a deep understanding of Vimeo and is well-placed to oversee the continued execution of the company’s strategy. Effective September 1, board member and seasoned SaaS executive, Adam Gross, will step in as interim CEO while the company initiates a search for a permanent replacement. NEW YORK, J(GLOBE NEWSWIRE) - Vimeo (Nasdaq: VMEO) announced today that after nine years at the company, Chief Executive Officer Anjali Sud will be departing to pursue a new opportunity. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |