NEW YORK, Dec. 15, 2016 /PRNewswire/ -- Purch, a digital publisher that connects content to commerce, today announced the appointment of Andy Goldstein as Chief Financial Officer. Andy will bring strategic and financial leadership to Purch's growing business, managing and optimizing the company's diversified revenue streams.
"Purch's diverse business model, recurring relationships with marketing partners, and the development of its member-based revenue streams make it arguably one of the most progressive digital publishers operating today," said Greg Mason, CEO at Purch. "Andy's varied experiences and capabilities will bring fresh insights to build upon Purch's strong growth, profitability, and will further the evolution of our next-generation publishing model."
Most recently, Andy served as executive vice president and CFO of the New Jersey Devils, Philadelphia 76ers, and the Prudential Center Arena. He comes to Purch with 23 years of experience across the media and sports/entertainment industries and is skilled in managing strategic finance and accounting for private equity portfolio companies and operating divisions of public companies ranging from $100MM to $2B in total revenue. Andy has held positions as EVP/CFO at InterMedia Outdoors, Inc., VP/CFO at Primedia Inc., and Director of Business Affairs at Sesame Street.com.
"Purch has many qualities that attracted me to it - great content, commitment to users, scale - but none more appealing than its unique and progressive publishing model, underpinned by its ambitious outlook on the future of content and commerce," said Goldstein. "The company's investments in developing its own Publishing Technology stack and other technology-enabled services are far beyond what others in the space are doing. I look forward to driving increased profitability and accelerating growth for this innovative company."
Purch is a digital content and commerce company that helps 100MM+ users make better buying decisions in more than 1,200 product categories spanning Tech, Consumer Electronics, Home, Health, Financial Services, Outdoor Goods, SMB, and more. The company's "decision-enablement" content and services integrate across its portfolio of brands including Top Ten Reviews, Tom's Guide, Tom's Hardware, Live Science, Shop Savvy, Purchx, Active Junky, Space.com, to guide users along their purchase journey.
The company's performance and data-driven approach to connecting buyers and sellers has attracted more than 7000 marketing partners, including AT&T, Verizon, Samsung, Dell, LG, and many more – and drives more than $1 billion in commerce transactions, annually. Purch is a high-growth, privately held company with more than 350 employees and offices across the U.S. and Europe. For more information on Purch, visit www.purch.com or follow the company on Twitter, LinkedIn and Facebook.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/purch-hires-new-cfo-as-company-enters-next-phase-of-growth-300379195.html