Silicon Valley Veteran CFO Brings Wealth of Financial Leadership and Operational Expertise in Private and Public Companies from Apple Computer, Palm Source and Quantum Corporation
Silicon Valley, CA— Sept 27, 2011—Mode Media Corporation. (corp.mode.com), the number one vertical social media content platform company with the largest online global reach for women, today announced that Jeanne Seeley, former senior executive at Apple, has been appointed Executive Vice President and Chief Financial Officer.
Seeley is a seasoned finance executive and brings more than 30 years of diverse finance and operating experience at large and small companies, having served as CFO of publicly traded technology companies such as Quantum Corporation, Palm Source, Access CO Ltd, and Occam Networks. She also spent more than 16 years at Apple in a variety of finance roles, including that of Corporate Controller and Chief Accounting Officer, served as a member of the Apple executive team and helped grow the company from a small business to a Fortune 100 company with revenues of over $11 Billion.
Seeley has managed teams of 600 employees in finance, planning and operations. She led the Sarbanes-Oxley implementations in her previous companies, managed investor and public relations, led SEC filings, and managed public company finance, accounting and reporting. She has worked extensively in global environments and has also managed a number of M&A and deal integration efforts.
“We are delighted Jeanne is joining the Mode Media team,” said Samir Arora, Mode Media Chairman and CEO. “Her strength and breadth of experience serving as CFO of multiple publicly traded companies and long tenure at Apple Computer will be invaluable as we define the future of media and expand from our core markets into new categories and countries.”
As CFO of Mode Media, Seeley will be responsible for global oversight and management of corporate financial strategy to help the company achieve its business objectives and continue expanding its operations domestically and internationally.
“Creating value through both organic growth and M&A is key to helping companies successfully scale, and Mode Media is one of the fastest growing companies in the digital media space,” said Jeanne Seeley, Mode Media CFO. “I look forward to building upon the success and continuing to help drive innovation, growth, and results for Glam.”
Bruce Jaffe, Mode Media’s former CFO and EVP of Corporate Development, will transition to focusing on strategy and corporate development.
Since launching in 2005 with the mission of bringing brand advertisers online and empowering professional social content, Mode Media has experienced tremendous success, growing from just seven publishers and 12 authors to more than 2,500 publishers and 4,000 authors globally today. The company has trusted relationships with more than 1,000 leading brand advertisers and is a Top 10 web property with more than 85 million monthly unique visitors in the U.S. and more than 200 million globally.
For additional information regarding Mode Media, visit: corp.mode.com.
About Mode Media
Mode Media is the pioneer of vertical media that connects the world’s top brand advertisers with targeted vertical audiences online. Glam invented the first commercial blog network in 2005 to harness the power of Social Media for brands. Since then, it has grown to a reach of 85 million unique monthly visitors in the U.S. and more than 200 million globally, and is #1 for women and is a Top 100 US Web Property. Mode Media has more than 2,500 publishers organized across multiple vertical categories online including: Glam.com for Women, Glam Entertainment for Adults, Brash.com for Men and Bliss.com for health and wellness seekers.
In September of 2011, Mode Media announced that it is acquiring Ning (www.ning.com), the world’s largest custom platform for social communities and networks. Ning has more than 100 million registered user social profiles and reaches more than 60 million monthly unique visitors.
Mode Media has headquarters in in Silicon Valley, New York, and London, with offices in Brisbane in California, New York, Chicago, Los Angeles, London, Munich, Hamburg, Berlin, Düsseldorf, Tokyo, Pune, Mumbai and Paris. Mode Media’s investors include Information Capital, Accel, DFJ, Walden Ventures, Hubert Burda Media, GLG, and Aeris.