DIGITAL MEDIA company RhythmOne has poached PageScience’s chief financial officer as its next CFO.
The San Francisco-headquartered company announced that Richard O’Connor will take over from Ed Reginelli, who has resigned after five years in the role, following a six-month handover period.
O’Connor brings over 20 years of finance experience in traditional and digital media companies and has specific knowledge and familiarity with RhythmOne’s operations and staff. O’Connor was CFO of Prime Visibility Media Group, before RhythmOne acquired it in 2011.
Before joining RhythmOne, O’Connor was the finance chief at PageScience, a venture capital backed health programmatic network, where he managed the day-to-day operations and finances of the enterprise, including raising capital, driving the company to profitability and facilitating its sale to Accent Health Media.
In 2007, O’Connor worked for the private equity-led buyout team of Prime Visibility Media Group, where he took over as the CFO. During his tenure, O’Connor built the finance team, established financial controls and processes, managed the business to profitability, restructured the operations and balance sheet, and drove revenue growth until its sale in 2011 to blinkx (now RhythmOne), when he left the company.
“I’m excited to join RhythmOne at such a transformational time in its history,” said O’Connor. “The company’s success and focus on mobile, video and programmatic trading offers the ideal foundation to accelerate profitable growth which, coupled with its strong financial discipline, will serve the company well as the industry continues to evolve and consolidate.”
Brian Mukherjee, CEO of RhythmOne said: “Rich’s background is perfectly suited to help us scale and advance our mission to build the most efficient and effective platform for digital content distribution and advertising globally.”
RhythmOne is a digital media company that connects online audiences with brands through premium content across devices, with offices in the US, UK and Canada.