Cinedigm Names Cheryl Odoardi Senior Vice President of Finance and Accounting4 min read
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Appointment Will come As Cinedigm’s Streaming Business Is Going through Exponential Development
LOS ANGELES, CA / ACCESSWIRE / March 12, 2021 / Cinedigm (NASDAQ: CIDM) introduced right now the appointment of Cheryl Odoardi as Senior Vice President of Finance and Accounting. Odoardi will oversee all facets of finance including accounting, reporting, financial arranging and analysis, funding, functioning capital management, treasury, tax compliance and arranging, internal controls and policy improvement. She will also be an integral member of our M&A workforce.
Odoardi brings extensive global fiscal management skills with additional than 25 yrs in the technologies, media, amusement and client products and solutions industries. She has strengthened, streamlined and scaled organizations driving EBITDA development. Prior to signing up for Cinedigm, Odoardi held govt financial management positions at NBCUniversal, BCBGMAXAZRIA Group, Biogen, NLG, The Discovering Organization and RB Media exactly where she was the Main Financial Officer. At TLC, she was a leader in the acquisition and integration of 29 interactive media companies as very well as the eventual sale of the company for $3.6 billion and has executed numerous purchase and promote side transactions all through her career. She provides comprehensive technological know-how system design and style, progress and start knowledge such as TLC’s state of the art royalty program, NLG’s travel assistance system which shaped the foundation of the on the web travel business and BCBGMAXAZRIA’s transformation from a global brick and mortar retailer to an omni-channel chief culminating in the firm’s sale. She started her profession at Ernst & Young LLP and maintains an lively CPA license. Odoardi graduated from Brown College with a degree in Biology. She attained her MBA and Master of Science in Accounting from Northeastern University. She concluded post-MBA studies in Entrepreneurial Finance at Babson College. She will report to Gary Loffredo, Main Operating Officer, Common Counsel and President/Cinema Tools Business enterprise, President/Cinedigm.
“We are thrilled Cheryl has joined our crew in this kind of an essential job at a pivotal time for our Company,” stated Loffredo. “Cheryl’s operational and strategic monetary management working experience will be a must have for us to push equity price when preserving fiscal willpower throughout a period of time of exponential development.”
Odoardi stated “Cinedigm’s momentum in streaming driven by the growing viewership of our existing channel portfolio and our launch of new channels, expansion of our distribution community, growth of our Matchpoint TM technological innovation system and very first-class articles acquisition has been transformational. I am energized to be a element of the Enterprise as we proceed to speed up.”
For much more than 20 many years, Cinedigm (NASDAQ: CIDM) has led the electronic transformation of the entertainment sector. Right now, Cinedigm entertains hundreds of tens of millions of shoppers all-around the globe by offering top quality articles, streaming channels and technologies services to the world’s greatest media, know-how and retail corporations. For much more details, visit http://www.cinedigm.com/.
Cinedigm has leaned into digital monetization given that its inception, presenting articles suppliers a route to world access on streaming platforms. Info and analytics guidebook the Company’s conclusions to observe progress trends this kind of as AVOD and the staff closed many current distribution offers together with NBC Peacock, Google, Redbox, Area Now, Plex, and Fuse, in addition to current AVOD partnerships with a variety of platforms these as Tubi, Pluto, Vudu, Amazon, and Roku, amongst others, to have the new articles.
Cinedigm features worldwide streaming linear, on-demand from customers branded channels when distributing electronic films and Tv set collection on every single meaningful transactional, SVOD, and AVOD global platform. The Company distributes tens of hundreds of several hours of movie and Television set content material to over 70 digital platforms in 180+ territories. Branded material incorporates co-productions in the action, western and navy genres alongside with family (Hallmark, ZDF), anime (Konami Cross Media) and athletics championship systems (NFL, NHL).
Cinedigm works by using, and will carry on to use, its website, press releases, SEC filings, and several social media channels, together with Twitter, LinkedIn, Facebook, StockTwits and the Corporation website as additional suggests of disclosing general public facts to traders, the media and other individuals interested in the Organization. It is doable that specified information the Firm posts on its web site, disseminated in push releases, SEC filings, and on social media could be deemed to be product info, and the Business encourages traders, the media and other folks interested in the Organization to overview the enterprise and monetary facts the Enterprise posts on its web-site, disseminates in press releases, SEC filings and on the social media channels recognized earlier mentioned, as this kind of info could be deemed to be material info.
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