VANCOUVER, B.C., Jan. 18,
2023 /CNW/ - BBTV Holdings Inc. (TSX: BBTV) (OTCQX:
BBTVF) ("BBTV" or the "Company"), a media tech company that uses
technology enabled solutions to help content creators and
influencers become more successful, today announces the appointment
of Khamphiou ("KB") Brinkley as Chief Financial Officer.
Ben Groot will remain as a key
member of the finance team with a focus on financial planning and
analysis and special projects. BBTV also announces the appointment
of Catherine Warren as an
independent director, replacing Ryan
Holmes who has stepped down from his position in order to
pursue other interests.
CFO Appointment:
Ben Groot, who will maintain a
key and sustained role with the Company's finance team commented:
"I have been and continue to be a strong believer in BBTV's vision
and model for over nine years, and look forward to continuing to be
one of the company's biggest supporters throughout this transition.
As I continue to work closely with BBTV's outstanding management
team, I am confident that KB will bring valuable insight and
experience as the company expands its leadership in the creator
economy."
KB Brinkley is a seasoned finance transformation executive with
over 23 years in finance across numerous different industries; with
experience in technology, media/entertainment, online advertising,
and consumer business while serving both public and privately held
companies. KB joins the company as BBTV's Chief Financial Officer
and will be leading all financial functions including strategic and
financial planning, accounting, treasury, tax, internal audit, and
investor relations. KB was most recently an Associate Partner at EY
as a Finance Transformation and EPM Solution Leader from
January 2021 to January 2023. Prior to BBTV, KB has held various
senior finance executive positions at Electronic Arts, Blackhawk
Network, and Multiview Inc. KB is an alumna from the Harvard Business School and holds a Bachelor of
Science degree from California Polytechnic State University, San
Luis Obispo.
"BBTV has been a staple in the creator economy for the better
part of two decades, and I'm honored to join the company as CFO to
build further on the foundations that Ben has established in this
capacity alongside Shahrzad and the management team," comments KB
Brinkley, CFO, BBTV. "I am looking forward to working with the
wider team at BBTV as the company continues its focus on optimal
capital allocation and profitable growth."
Expressed in the Company's third quarter earnings call and press
release, BBTV's management team is focused on growing higher margin
Plus Solutions revenue streams. The Company's largest Plus
Solution, Content Management, grew by 24% in the third quarter, and
Plus Solutions combined grew by 40% for the twelve months ended
September 30, 2022.
"Ben has been and continues to be a highly valued member of the
BBTV team, and we're pleased to have his ongoing support as KB
transitions into her new role as BBTV's CFO," comments Shahrzad Rafati, Chairperson and CEO, BBTV. "The
board is unanimously confident that KB will contribute
significantly to BBTV's execution by adding her own perspective,
strategic input and operational excellence."
Board of Directors
The Company is pleased to announce that Catherine Warren has joined BBTV's Board of
Directors. Catherine's experience in digital media, tech and
financing will benefit the Company and complement the experience of
BBTV's Management Team and Board of Directors.
Catherine Warren is a digital
innovation and economic development executive with experience
advancing companies, governments, and investors through
community-building and global growth strategies. Catherine's
leadership has resulted in $3B in
high-impact investment to Canada
since 2018. Catherine serves as the inaugural CEO for the
municipal innovation authority Edmonton Unlimited. Previously, she
served as the CEO of Vancouver Economic Commission, as well as as
the CEO of Canada's innovation
district, The Centre for Digital Media.
Effective today, Ryan Holmes has
stepped down from the Board to pursue other interests. The Company,
Board of Directors, and management team thank Mr. Holmes for his
faithful service and his contributions to BBTV, and wish him well
in all of his future endeavors.
For more information visit www.bbtv.com.
About BBTV
BBTV is a global media and technology company headquartered in
Vancouver, Canada. The Company's
mission is to help content creators become more successful. With
creators ranging from individuals to global media brands, BBTV
provides comprehensive, end-to-end Solutions to increase viewership
and drive revenue powered by its innovative technology, while
allowing creators to focus on their core competency – content
creation. In December 2021, BBTV had
the fourth most unique monthly viewers among digital platforms with
more than 600 million globally, who consumed more than 35 billion
minutes of video content [1]. (www.bbtv.com)
[1] Calculations and classifications made by BBTV based on data
from Comscore's "Top 12 Countries = December
2021 comScore Video Metrix Media Trend – Multi-Platform –
Top 100 Video Properties Report"; Top 12 countries represent ~50%
of world's digital population.
Links to SEDAR filings, conference call recordings and press
releases are available on the investor website at:
https://investors.bbtv.com/
For further information please contact:
Media Relations: pr@bbtv.com
Investor Relations: ir@bbtv.com
BBTV-C
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SOURCE BBTV Holdings Inc.