RhythmOne names new finance chief

O'Connor was previously chief financial officer at Prime Visibility Media Group

RhythmOne has named its new chief financial officer

RhythmOne plc (LON:RTHM), the digital advertising group, has named Richard  O'Connor as its new finance chief, who will take over from Ed Reginelli.

O'Connor was previously chief financial officer at Prime Visibility Media Group (PVMG), which was acquired by RhythmOne in 2011 when the latter was called Blinkx.

S. Brian Mukherjee, chief executive of RhythmOne, said: "We are delighted to have Rich join RhythmOne and expect a seamless transition, given his deep Media, Ad-Tech and content distribution experience, and successful history of working closely with several members of the executive team. 

"We look forward to his energy and enthusiasm, as we embark on a new chapter in the company's growth."

During his time at PVMG,  O'Connor was instrumental in building the finance team, managing the business to strict profitability standards, restructuring operations and the balance sheet, and driving revenue growth, the firm said.

He began his career at Warner Bros. Domestic Television, moved on to MCA TV and, through a series of acquisitions and integrations, held finance roles within Universal TV, USAI and Vivendi Universal - eventually serving as vice president of finance and operations at Universal Domestic Television, a US$1bn division of NBC Universal (NYSE: GE).

Reginelli is stepping down after five years in the role and will be  available on an as required basis for up to six months to help with an orderly transition.

Shares nudged 1.32% higher to 38.25p.

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