August 24, 2021
Streaming media company Plex Aug. 24 announced the hiring of former Pluto TV head of ad sales Harold Morgenstern as new chief revenue officer, and Lindsay Jespersen, formerly of NBCUniversal and Disney, as chief financial officer.
In addition, the company recently hired Christa Foley, formerly of Zappos.com, as VP of people.
Launched in 2019, Plex offers almost 200 live-TV channels and 40,000+ on-demand movies and TV episodes. With more than 25 million registered users globally, Plex has users in 193 countries. The company has secured more than 300 entertainment content partnerships, including Lionsgate, Warner Bros. Domestic Television Distribution, MGM, Sony Pictures Television, Sinclair Broadcast Group, AMC, A+E, Crackle and the BBC.
Morgenstern will oversee all revenue generation across Plex’s global AVOD platform and suite of personal media software and services. During his tenure at Pluto TV he built its ad sales organization from scratch and was part of the leadership team that led to the acquisition by ViacomCBS after growing advertising sales into the hundreds of millions of dollars.
“Now we not only have the right technology backbone, but also a well-rounded ad team with Harold at the helm,” CEO Keith Valory said in a statement.
As CFO, Jespersen will lead Plex’s finance, accounting, legal and strategic planning functions through its next phase of growth. Jespersen previously served as VP of finance for NBCUniversal’s global distribution and international segment, supporting the segment chairman and overseeing FP&A and strategic planning for the film and television distribution business.
Prior, she served as VP of finance and strategy at The Walt Disney Co., where she led a global team responsible for the financial operations of ABC News.
Christa Foley joined in May as VP of people where she will continue to cultivate the tight-knit Plex culture across its globally distributed remote workforce. Prior to joining Plex, Foley spent 16 years at Zappos.com, where she led brand vision and culture, and spent several years as the head of talent acquisition where she built out the recruiting team and philosophy.