TV technology company MediaKind has named former Comcast Technology Solutions head Matt McConnell as its new CEO, with previous incumbent Angel Ruiz becoming chairman.
McConnell was previously SVP and general manager of Comcast Technology Solutions, a global division of Comcast Cable.
As the new MediaKind CEO, he will be responsible for spearheading growth in the company’s cloud-based solutions and its focus on streaming products. McConnell will report directly to the board of directors, including former CEO Ruiz, who will now serve as chairman of the board.
McConnell will work closely alongside chief technology officer and former Comcast colleague Allen Broome and chief business officer Raul Aldrey.
At Comcast, McConnell established and operated the Comcast Technology Solutions division from 2012-2018. During this time, revenue more than quadrupled and he is credited with transforming the organization from one with 200 US domestic employees to a global cloud video products business with offices in Europe, Asia and Latin America.
McConnell said: “I have the privilege to join a great organisation that has created one of the best media portfolios in the industry and is driving an important transformation. We are experiencing unprecedented changes in the way people consume content, and our customers need to adjust their technology footprints and business models to meet these dynamic consumer needs. MediaKind is at the forefront of this technology transition and perfectly positioned to enable next generation user experiences. I am excited to be leading this charge as we increasingly focus on creating products that harness the potential of the cloud and maximise the power of streaming.”
Ruiz said: “Matt is the perfect leader to accelerate MediaKind’s strategy execution and the delivery of innovative solutions required by our customers. The market and consumer behaviors are changing faster than ever and Matt is a battle-proven media executive with an extensive track record in successfully leading and growing business in this sector. I am looking forward to working with him and have full confidence that he will continue to drive the success of our organization.”
Jamie Koven, senior managing director of Mediakind’s majority shareholder, private equity outfit One Equity Partners, said: “The Board would like to thank Angel for his leadership during the last two years. He has been instrumental in the creation and transformation of this new company. With the solid foundation and strong organization Angel has established, it is certainly exciting to welcome Matt to drive the next phase of MediaKind’s pioneering technical and product leadership.”
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