The sports-first live TV streaming platform fuboTV has appointed John Janedis its new CFO, effective February 7.
Janedis will be based in fuboTV’s New York City headquarters and report directly to CEO David Gandler. He will replace Simone Nardi who, as previously announced, will depart the company to pursue new opportunities.
Janedis brings to fuboTV more than two decades of experience leading equity research, investor relations, capital markets and M&A for some of the world’s preeminent financial institutions. As CFO, he will lead all financial operations and strategy for fuboTV with a particular emphasis on architecting the company’s future financial roadmap.
Commenting on the appointment, Gandler said: “2022 will be a pivotal and exciting time for fuboTV as we aim to continue to grab market share from pay television, and develop and enhance our advertising and wagering products to drive strong unit economics.
“We are focused on transforming the live TV streaming space with the integration of interactive products, including Fubo Sportsbook, to enhance the live TV streaming experience and engage sports fans. John is a seasoned financial leader in the media space who will be a critical partner as we craft fubo’s strategic and financial plan for this year and beyond”.
Janedis added: “I am thrilled for the opportunity to partner with David and the fuboTV leadership team.
“I believe the company’s product offerings are at the early stages of their growth cycles and well-positioned to capitalise on a sizable market opportunity and evolving consumer behaviours. I look forward to helping fuboTV in its efforts to further expand its market share in the coming years”.
Prior to joining fuboTV, Janedis was MD, senior equity research analyst at Wolfe Research, focusing on the media, cable and telecommunications industries. From 2018-2020, he was senior VP, capital markets, treasurer and investor relations at TEGNA Inc., where he advised on key strategic and capital market decisions, M&A and growth initiatives. As MD, senior equity research analyst at Jefferies, a role he held from 2014-2018, Janedis authored research on over 30 media, cable and telecom companies with a specialty in advertising, streaming, direct to consumer and other distribution platforms.
Prior to Jefferies, Janedis held leadership positions in equity research at UBS Securities (2010-2014), Wells Fargo Securities (2006-2010), Banc of America Securities (2000-2006) and Morgan Stanley & Co. (1999-2000).