Time Warner Announces Executive Changes in Investments Group
January 19 2017 - 2:02PM
Business Wire
Allison Goldberg Appointed Senior Vice
President, Succeeding Rachel Lam
Allison Goldberg has been appointed Senior Vice President, Time
Warner Investments, succeeding Rachel Lam, who has announced she
will be leaving Time Warner this spring, after 14 years leading the
group.
In making the announcement, Time Warner Inc. Executive Vice
President, International and Corporate Strategy, Olaf Olafsson
today said: “Allison has played a pivotal role in numerous
strategic initiatives with our Investments group. She is highly
respected both within the venture capital community and within our
company for her innate ability and foresight to identify potential
investments that benefit investee companies as well as enhance our
businesses. I am confident that she will lead our Investments group
to continued success.”
Mr. Olafsson added: “On behalf of the company, I want to thank
Rachel for her leadership, her friendship and her valuable
contributions to Time Warner. Over the past 14 years she has led
and built our very successful Investments group, serving our
strategic goals while achieving first-rate financial returns. She
will be greatly missed, and I thank her for her dedication, insight
and expertise as I wish her all the best in her next chapter.”
Background on Ms. Goldberg
Ms. Goldberg joined Time Warner in 2001, serving most recently
as Vice President and Managing Director of the Time Warner
Investments group, which targets new opportunities in early to
mid-stage companies that generate strategic value for Time Warner’s
businesses. She serves as a director or active observer on the
boards of several portfolio companies including Amino, Bustle,
Discord, Dynamic Signal, Fuse Media, Joyus, Mashable, Outpost
Games, Trion Worlds, and YieldMo. Prior to joining Time Warner, Ms.
Goldberg worked as a Venture Capital Associate at Groupe Arnault
and in Investment Banking with Morgan Stanley’s Global Media
Group.
Ms. Goldberg received a B.S. degree in Economics, with
concentrations in Finance & Operations and Information
Management, from the Wharton School of the University of
Pennsylvania.
Background on Ms. Lam
Ms. Lam has been the head of the strategic investing arm of Time
Warner Inc. since 2003. She currently serves on the boards of
Mashable, Kamcord, Simulmedia and Tremor Video (NYSE:TRMR). Over
the past 14 years, Ms. Lam has led numerous investments in
early-stage digital media companies and managed Time Warner’s exits
from the following portfolio companies: Maker Studios (sold to
Disney), Bluefin Labs (sold to Twitter), Admeld (sold to Google),
Playspan (sold to Visa), MediaVast (sold to Getty Images),
CrowdStar (sold to Glu Mobile), Kosmix (sold to Walmart), iSocket
(sold to the Rubicon Project) and ScanScout (sold to Tremor Video).
Before returning to Time Warner in 2001, Ms. Lam worked in venture
capital and private equity at Quetzal/Chase Capital Partners, and
at CSFB Equity Partners, respectively. Prior to that, she was
Director, Office of the President at Time Warner Inc., where she
worked directly for former Time Warner CEO, Richard D. Parsons on
corporate transactions and strategic initiatives. In addition, Ms.
Lam spent several years in investment banking, focusing on the
media sector at Credit Suisse First Boston and on mergers and
acquisitions at Morgan Stanley.
She received a B.S. degree in Industrial Engineering and
Operations Research from U.C. Berkeley and an MBA degree from
Harvard Business School.
About Time Warner Inc.
Time Warner Inc., a global leader in media and entertainment
with businesses in television networks and film and TV
entertainment, uses its industry-leading operating scale and brands
to create, package and deliver high-quality content worldwide on a
multi-platform basis.
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version on businesswire.com: http://www.businesswire.com/news/home/20170119006046/en/
Time Warner Inc.Keith Cocozza
212-484-7482keith.cocozza@timewarner.com
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