New York, NY (PRWEB) May 3, 2010
Glam Media, Inc. (http://www.GlamMedia.com), the number one vertical media company with the largest global reach for women online, today announced that Bruce A. Jaffe, former Microsoft Corporate Vice President and MSN CFO, has been appointed Chief Financial Officer and Executive Vice President, Corporate Development.
Jaffe brings over 20 years of diverse finance and operating experience to Glam Media, including financial management, creation and oversight of strategic alliances, building and managing joint ventures, and execution of mergers and acquisitions.
“We are thrilled that Bruce is joining the Glam Media team,” said Samir Arora, Chairman and CEO of Glam Media. “Jaffe is one of the industry’s top talents in finance and corporate development. His success at Microsoft, his deep understanding of online media and technology, and his ability to drive smart financial strategy will help drive Glam’s continued growth, innovation, and results.”
As CFO, Jaffe will be responsible for global oversight and management of corporate financial strategy, as well as corporate development.
“Glam Media has achieved tremendous success in five short years,” said Jaffe. “With Glam’s leadership in vertical media, reach, high impact audience engagement, and innovative technologies, I am excited to join Glam Media as it continues its hyper growth, driving the future of display advertising online.”
Jaffe spent 12+ years at Microsoft through 2008, most recently as Corporate Vice President of Corporate Development, where he led more than $10 billion in global acquisitions, investments and joint ventures for companies like FAST, aQuantive, and Tellme, among more than fifty others.
Before that, Jaffe was Corporate Vice President and CFO for MSN. During that period, MSN grew into a multi-billion dollar digital advertising business generating in excess of $400 million in operating income. Jaffe oversaw finance, strategy, and business development for the $2.3 billion division across more than 30 countries. Jaffe also oversaw several joint ventures, including MSNBC, the joint venture between Microsoft and NBC Universal.
Recently, Jaffe was President of Three Point Group, LLC, where he focused on consultant services for software and digital media companies, including Glam Media. Before Microsoft, Jaffe served as Chief Operating Officer at de’Medici Systems, a healthcare software startup. He started his career at Coopers & Lybrand.
Jaffe has a BS from University of California, Berkeley and an MBA from Stanford University.
About Glam Media
Glam Media is the pioneer of vertical media that connects the world’s top brand advertisers with targeted vertical audiences online. With a reach of 80 million unique monthly visitors in the US and 164 million uniques globally, Glam Media is #1 comScore Community web property targeting Women, the #8 publisher in online display media and a Top 10 Adweek Display Ad Publisher. This year, Glam Media was ranked in the Fast Company Magazine's Top 50 Most Innovative Companies and #1 in the media category as the world’s most innovative media company. Glam Media has more than 1,500 publishers organized in vertical networks: Glam.com for Women, Brash.com for Men and Tinker.com for real-time Social Media. Glam Media is backed by Accel Partners, Aeris Capital, DAG Ventures, Draper Fisher Jurvetson, Hubert Burda Media, Information Capital, GLG Partners, Mizuho Bank and Walden Venture. Glam Media is headquartered in New York City, New York and Silicon Valley, California, with offices in Chicago and Los Angeles, and internationally in London, Munich, Hamburg, Berlin, Tokyo and Paris.