LEXINGTON, Ky., Jan. 7, 2013 /PRNewswire/ -- Viamedia, the cable industry's leading independent cable rep firm and provider of online advertising services, today announced that Chris Black has joined the company as Chief Financial Officer (CFO) based in Lexington, KY.
Mr. Black comes to Viamedia with an extensive background holding senior finance management positions in industries ranging from security, transportation, manufacturing and corporate banking throughout the US.
Most recently, Mr. Black was the Chief Financial Officer and member of the Board of Directors of Vivint, Inc. Vivint is the second largest residential security and home automation company in North America and is the third largest in the world. While at Vivint, he was instrumental in driving significant earnings, value and market share growth for the company. During his tenure, Mr. Black helped position Vivint for its recently completed $2 billion sale to Blackstone which was considered one of the largest such sales in the history of the residential security industry. Additionally, he led numerous financings totaling over $1 billion during his tenure with the company. Mr. Black was awarded the 2012 Utah CFO of the Year for his leadership in Vivint's growth.
Prior to joining Vivint, Mr. Black served as Senior Vice President and Chief Financial Officer of American Commercial Lines Inc. ("ACLI"), a NASDAQ-listed company. ACLI is a fully integrated marine transportation company headquartered in Jeffersonville, IN and is one of the largest barge transportation and manufacturing companies in the U.S. Other experience includes high level positions with Wabash National Corporation, SunTrust Bank and PNC Bank.
"Chris comes to Viamedia with an accomplished and well respected track record in finance. His expertise in strategy, implementation and stewardship of both public and private companies is ideal for growing organizations like Viamedia," said Viamedia CEO, Jeff Carter. "Over the past decade, Viamedia has enjoyed significant annual growth. We are committed to growing profitability for our partner companies, shareholders and advertising clients. We are committed to leading the industry in the identification, development and deployment of new emerging technologies. We are confident that Chris's deep experience will be an asset to Viamedia."
Chris Black stated, "I am very pleased to be joining Jeff and rest of the impressive Viamedia team. I am looking forward to helping Viamedia continue its strong organic growth trajectory along with evaluating new business opportunities."
Mr. Black graduated from Wabash College (Indiana) with a B.A. and from Indiana State University with an MBA in Finance.
Headquartered in Lexington, KY, Viamedia is a leading provider of outsourced local advertising sales services and provider of online advertising services. The company specializes in selling DMA-based advertising to local, regional and national advertisers on behalf of U.S. cable and telecommunications service providers, utility companies and municipalities. For more information on Viamedia, visit www.viamediatv.com.