Vme announced the promotion of Richard Taub to Senior Vice President and CFO. He participated in our Fourth Annual Hispanic Digital and Print Media Conference moderating: "PANEL CLIENTS– WIRELESS: Both a large ad – category and the hottest medium" last September. Taub has been with the Spanish TV network since its inception in 2007 serving first as a consultant for network distribution and then as Vice President, Business Development.
In that role he has been responsible for developing distribution, strategic alliances and partnerships that have been instrumental in helping lead Vme's rapid national expansion to its current reach of 69 million homes, including 77% of America's Hispanic TV Households. In his new role, Taub will continue to be responsible for business development as an integrated element of the company's overall financial strategy and execution.
Prior to joining Vme, Taub headed his own consulting firm focused on Hispanic media, where he assisted LIN Television in its distribution and the $130 million sale of the WAPA Puerto Rico networks. His other clients included Intermedia Advisors, MasterCard and the Condista channel portfolio.
Taub's professional experience also includes four years in banking with Citigroup Latin America and three years as an analyst with National Geographic's New Ventures Group. He graduated with honors in Business Administration from Emory University, holds an MBA from The Wharton School of Business at the University of Pennsylvania where he won the prestigious Wharton Award. He serves on the Board of Directors of the Media Financial Management Association and is slated to assume its Chairmanship in June.