![]() ![]() ![]() We proudly serve our growing community of more than 300 million users - from creative storytellers to globally distributed teams at the world's largest companies. We enable anyone to create high-quality videos to connect better and bring ideas to life. Vimeo (NASDAQ:VMEO) is the world’s most innovative video experience platform. Vimeo CEO Anjali Sud really wants people to know that the online video company is no longer a competitor to. Adam is an active startup investor and advisor in several companies including dbt, Cribl, Tailscale, and Buildkite. Dear Vimeans, Today I have hard news to share: after careful consideration, we have made the decision to reduce our workforce by 6. Seven years ago, Vimeo had Hollywood dreams. Anjali Sud, CEO JToday I sent the following email to all Vimeo employees. CEO Anjali Sud has transformed the near-forgotten Vimeo into a 6 billion blockbuster business that lets both mom-and-pop shops and giant corporations shoot, edit and post millions of videos across the internet’s most influential sites. In 2013 Adam sold Cloudconnect, a company he co-founded, to Heroku, a Salesforce subsidiary, and later served as CEO of Heroku, expanding the business from self-serve to enterprise. On July 18, 2022, our CEO sent the following email to all Vimeo employees. Vimeo reaffirms its second quarter and fiscal year 2023 outlook for revenue and adjusted EBITDA, and will provide a full update on its second quarter results in its upcoming earnings report after market close on August 1 and live Q&A session on August 2.Īdam is a SaaS and enterprise software veteran, having started two companies, and held senior roles at high growth, industry-leading companies including Salesforce and Dropbox. ![]() “I am excited for Adam and for Vimeo to benefit from his experience and leadership.” "I believe deeply in the company’s strategy, team, and future success, and will continue to be an enthusiastic supporter for every moment of what comes next,” said Anjali Sud. “Having spent the last two years working closely with the executive team and the details of the business, I’m thrilled to step into this role to accelerate and streamline the company’s strategy in making video a key part of how every business communicates with its customers, employees, and partners.” “Video is becoming central to how businesses operate, and Vimeo’s proven experience and technology have earned it a leading role in this rapidly expanding opportunity,” said Adam Gross. “We are grateful for Anjali’s impact over nine years at the company and a pivotal era of transformation at Vimeo, and I have no doubt she’ll continue to do big things.” Schiffman, Vimeo’s chairman of the board. I look forward to partnering closely with him and Vimeo’s seasoned leadership team as we focus on the significant opportunity ahead,” said Glenn H. “As an experienced executive, SaaS veteran and trusted member of Vimeo’s board since 2021, Adam brings a deep understanding of Vimeo and is well-placed to oversee the continued execution of the company’s strategy. Effective September 1, board member and seasoned SaaS executive, Adam Gross, will step in as interim CEO while the company initiates a search for a permanent replacement. NEW YORK, J(GLOBE NEWSWIRE) - Vimeo (Nasdaq: VMEO) announced today that after nine years at the company, Chief Executive Officer Anjali Sud will be departing to pursue a new opportunity. Tubi is doing things differently in a space that is being imminently disrupted, and that is my kind of opportunity.”Īlong with Tubi, Cheesbrough’s group also includes AdRise, Blockchain Creative Labs and Credible, as well as the digital platforms and teams connected to Fox’s digital news, sports and entertainment initiatives.Anjali Sud will remain CEO through August 31, 2023Ĭompany reaffirms second quarter and fiscal year 2023 financial outlook “The future of streaming TV is free, and I am excited to join the Tubi team to help shape the next wave of entertainment, by giving all people access to all the world’s stories. “We are witnessing a seismic shift in where and how content will be consumed, and I believe that Tubi can become the destination for the next generation of audiences,” Sud said. Prior to Vimeo, Sud held positions in finance, media and e-commerce at Time Warner and Amazon. Earlier this month, the publicly traded Vimeo announced Sud’s departure from the company “to pursue a new opportunity,” with board member Adam Gross becoming interim CEO as the company searched for a permanent leader. This is 'Sonic Clinical Services, CEO Update - March 2023' by Sonic Clinical Services on Vimeo, the home for high quality videos and the people who love them. Vimeo CEO Anjali Sud wrote on LinkedIn that the company has cut 6 of its staff in order to give itself financial flexibility and asked recruiters to consider these former Vimeans for. in 2021, the service attracted more than 300 million users. During Sud’s leadership as CEO of Vimeo, which was spun off from Barry Diller’s InterActive Corp. ![]()
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