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WideOrbit Welcomes Margaret McCarthy as Chief Financial Officer
WideOrbit Adds Former Red Condor and Atom Entertainment Financial Executive to Leadership Team San Francisco, October 1, 2009 - WideOrbit Inc., the leading provider of business management software for Media companies, is pleased to announce that Margaret McCarthy has joined the company as Chief Financial Officer. As part of the WideOrbit executive leadership team, Margaret will be responsible for driving all financial and administrative functions. WideOrbit is the leader in business management software for Media companies. Since 1999, WideOrbit has been providing innovative, proven solutions for managing the business of broadcast and cable operations. WideOrbit is used by more than 4,000 television stations, radio stations and cable networks around the globe, managing more than $14 billion in annual advertising revenue. Margaret brings to WideOrbit over twenty years of experience in finance, mergers and acquisitions with high tech companies. Most recently, Margaret was CFO at Red Condor, Inc., a technology leader in anti-spam and anti-virus products and services. Prior to Red Condor, she served as COO/CFO at Atom Entertainment, Inc., which was acquired by Viacom, Inc. in 2006. In addition, Margaret has held financial leadership positions at Macromedia, Cadence Design Systems, Hewlett-Packard and Deloitte & Touche. “This is a really exciting time for WideOrbit. Their momentum, products and deep domain expertise make this an exceptional opportunity," said Margaret McCarthy. “I’m pleased to be a part of WideOrbit’s leadership team and look forward to driving their continued momentum and success.” "We’re very pleased to have Margaret join the WideOrbit team. Margaret’s significant experience in high tech finance and M&A are an exceptional fit for her role as CFO with WideOrbit. Margaret has already been a key contributor to WideOrbit through our recent Radio Automation acquisition and we look forward to her leadership as we drive future growth," stated Eric Mathewson, Founder and CEO of WideOrbit -####- About WideOrbitWideOrbit is the leading provider of business management software for Media companies. WideOrbit provides innovative, proven solutions for managing the business of broadcast and cable operations – from proposal to order, scheduling to automation, billing and aging. WideOrbit has been helping clients since 1999, delivering high ROI, greater efficiencies and revenue optimization. WideOrbit is used by more than 4,000 television stations, radio stations and cable networks around the globe, managing more than $14 billion in advertising revenue. WideOrbit’s clients include: Astral Media, Corus Entertainment, Entercom Communications, Gannett Co., Hearst Television, Meredith Corporation, Midwest Communications, NBC Universal, Qualcomm/MediaFLO, Scripps Television Group, and Tribune. WideOrbit is headquartered in San Francisco, with offices in Dallas, Denver, Seattle, Melbourne and New Delhi. |
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