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Bright Mountain Media Appoints Industry Veteran Joe Pergola as Director and Audit Committee Chair

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Bright Mountain Media (OTCQB: BMTM) has appointed Joe Pergola as a Director and Chair of the Audit Committee. Pergola, currently CFO of Truckstop, brings over 25 years of experience in finance, accounting, M&A, and operations from Fortune 500 Media and Ad Tech companies. His notable career includes roles at Amazon, Criteo, The Weather Company, Yahoo, and Time Warner. As CFO of Integral Ad Science, Pergola was instrumental in the company's successful IPO in 2021, valuing it at $3.8 billion.

CEO Matt Drinkwater praised Pergola's financial expertise and operational experience, stating it will be invaluable for Bright Mountain Media's next growth stage. Pergola expressed enthusiasm about joining the board and collaborating to provide strategic direction, accelerate growth, and enhance shareholder value.

Bright Mountain Media (OTCQB: BMTM) ha nominato Joe Pergola come Direttore e Presidente del Comitato di Audit. Pergola, attualmente CFO di Truckstop, porta con sé oltre 25 anni di esperienza in finanza, contabilità, M&A e operazioni in aziende Fortune 500 nel settore dei media e della tecnologia pubblicitaria. La sua carriera notevole include ruoli in Amazon, Criteo, The Weather Company, Yahoo e Time Warner. Come CFO di Integral Ad Science, Pergola è stato determinante per il successo dell'IPO dell'azienda nel 2021, che ha valutato la società a 3,8 miliardi di dollari.

Il CEO Matt Drinkwater ha elogiato l'esperienza finanziaria e operativa di Pergola, affermando che sarà inestimabile per il prossimo stadio di crescita di Bright Mountain Media. Pergola ha espresso entusiasmo per l'ingresso nel consiglio e per la collaborazione al fine di fornire una direzione strategica, accelerare la crescita e aumentare il valore per gli azionisti.

Bright Mountain Media (OTCQB: BMTM) ha nombrado a Joe Pergola como Director y Presidente del Comité de Auditoría. Pergola, actual CFO de Truckstop, aporta más de 25 años de experiencia en finanzas, contabilidad, fusiones y adquisiciones, y operaciones en empresas de medios y tecnología publicitaria de Fortune 500. Su notable carrera incluye roles en Amazon, Criteo, The Weather Company, Yahoo y Time Warner. Como CFO de Integral Ad Science, Pergola fue fundamental en la exitosa OPI de la empresa en 2021, valorándola en 3.8 mil millones de dólares.

El CEO Matt Drinkwater elogió la experiencia financiera y operativa de Pergola, afirmando que será invaluable para la próxima etapa de crecimiento de Bright Mountain Media. Pergola expresó su entusiasmo por unirse a la junta y colaborar para proporcionar dirección estratégica, acelerar el crecimiento y mejorar el valor para los accionistas.

Bright Mountain Media (OTCQB: BMTM)는 Joe Pergola를 감사위원회 의장 및 이사로 임명했습니다. 현재 Truckstop의 CFO인 Pergola는 Fortune 500 미디어 및 광고 기술 회사에서 재무, 회계, 인수합병 및 운영 분야에서 25년 이상의 경험을 가지고 있습니다. 그의 주목할만한 경력은 Amazon, Criteo, The Weather Company, Yahoo 및 Time Warner에서의 역할을 포함합니다. Integral Ad Science의 CFO로서 Pergola는 2021년에 회사를 38억 달러로 평가하여 성공적인 IPO를 이끌었습니다.

CEO Matt Drinkwater는 Pergola의 재무 전문성과 운영 경험을 칭찬하며, 이것이 Bright Mountain Media의 다음 성장 단계에 매우 중요할 것이라고 말했습니다. Pergola는 이사회에 합류하게 되어 기쁘고, 전략적 방향을 제시하고 성장 속도를 가속화하며 주주 가치를 높이는 데 협력하겠다고 표현했습니다.

Bright Mountain Media (OTCQB: BMTM) a nommé Joe Pergola en tant que Directeur et Président du Comité d'Audit. Pergola, actuellement CFO de Truckstop, apporte plus de 25 ans d'expérience en finance, comptabilité, fusions et acquisitions, et opérations dans des entreprises de médias et de technologies publicitaires du Fortune 500. Sa carrière remarquée comprend des postes chez Amazon, Criteo, The Weather Company, Yahoo et Time Warner. En tant que CFO d'Integral Ad Science, Pergola a joué un rôle clé dans l'introduction en bourse réussie de l'entreprise en 2021, valorisant la société à 3,8 milliards de dollars.

Le PDG Matt Drinkwater a salué l'expertise financière et l'expérience opérationnelle de Pergola, affirmant que cela sera inestimable pour la prochaine étape de croissance de Bright Mountain Media. Pergola a exprimé son enthousiasme à rejoindre le conseil d'administration et à collaborer pour fournir une direction stratégique, accélérer la croissance et accroître la valeur pour les actionnaires.

Bright Mountain Media (OTCQB: BMTM) hat Joe Pergola zum Direktor und Vorsitzenden des Prüfungsausschusses ernannt. Pergola, der derzeit CFO von Truckstop ist, bringt über 25 Jahre Erfahrung in Finanzen, Buchhaltung, M&A und Betrieb aus Fortune-500-Medien- und Werbetechnologieunternehmen mit. Zu seiner bemerkenswerten Karriere gehören Positionen bei Amazon, Criteo, The Weather Company, Yahoo und Time Warner. Als CFO von Integral Ad Science war Pergola entscheidend für den erfolgreichen Börsengang des Unternehmens im Jahr 2021, bei dem es mit 3,8 Milliarden Dollar bewertet wurde.

CEO Matt Drinkwater lobte Pergolas finanzielle Expertise und operative Erfahrung und erklärte, dass diese für die nächste Wachstumsphase von Bright Mountain Media von unschätzbarem Wert sein wird. Pergola äußerte seine Begeisterung, dem Vorstand beizutreten und daran zu arbeiten, strategische Weichen zu stellen, das Wachstum zu beschleunigen und den Aktionärswert zu steigern.

Positive
  • Appointment of Joe Pergola, an industry veteran with 25+ years of experience, to the Board of Directors
  • Pergola's extensive background in finance, accounting, M&A, and operations from Fortune 500 Media and Ad Tech companies
  • Pergola's successful track record, including leading Integral Ad Science to a $3.8 billion IPO in 2021
  • Potential for strategic guidance and enhanced shareholder value due to Pergola's expertise
Negative
  • None.

Boca Raton, FL, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Bright Mountain Media, Inc. (OTCQB: BMTM) ("Bright Mountain" or the "Company"), a global marketing services platform with current investments in digital publishing, advertising technology, consumer insights, and creative and media services, announced via a FORM-31 on August 16, 2024, the appointment of Joe Pergola to the Board of Directors and as Chair of the Audit Committee.

Joe Pergola brings a wealth of experience to our team as the Chief Financial Officer of Truckstop, a leading digital marketplace for freight. With over 25 years in the industry, Joe has a distinguished track record of leading and transforming finance, accounting, mergers and acquisitions, corporate development, business and sales operations, and real estate for multiple Fortune 500 Media and Ad Tech companies. His impressive career includes key roles at Amazon, Criteo, The Weather Company, Yahoo, and Time Warner. Notably, as CFO of Integral Ad Science, Joe played a crucial role in the company’s successful IPO in 2021, which valued the company at $3.8 billion.

In his new role, Joe expressed his enthusiasm, stating, “I am honored to join the Bright Mountain Media Board of Directors. Matt continues to build a best-in-class team that has effectively integrated two companies, creating a unique value proposition for marketers. I look forward to collaborating with Matt, the Board, and the rest of the Bright Mountain Media leadership team to provide strategic direction, accelerate growth, and enhance shareholder value.”

Matt Drinkwater, Chief Executive Officer of Bright Mountain Media, commented, “Joe is an accomplished finance leader with a proven track record of driving revenue and profitability at scale. His financial expertise and hands-on operational experience with leading technology and digital media companies will be invaluable as we guide Bright Mountain Media through its next growth stage.”

About Bright Mountain Media, Inc.

Bright Mountain unites a diverse portfolio of companies to deliver a full spectrum of advertising, marketing, technology, and media services under one roof—fused together by data-driven insights. Bright Mountain's brands include Big Village, Deep Focus, Wild Sky Media, and BrightStream. For more information, please visit www.brightmountainmedia.com.

Forward-Looking Statements for Bright Mountain Media, Inc.

This press release contains certain forward-looking statements that are based on current expectations and involve certain risks and uncertainties. Such forward-looking statements can be identified by the use of words such as "should," "may," "intends," "anticipates," "believes," "estimates," "projects," "forecasts," "expects," "plans," and "proposes," and similar words. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties, and other factors, some of which are beyond our control and difficult to predict and could cause actual results to differ materially from those expressed or forecasted in the forward-looking statements, including, without limitation, statements made with respect to expectations of our ability to successfully integrate acquisitions, and the realization of any expected benefits from such acquisitions. You are urged to carefully review and consider any cautionary statements and other disclosures, including the statements made under the heading "Risk Factors" in Bright Mountain’s Annual Report on Form 10-K for the year ended December 31, 2023 and our other filings with the SEC. Bright Mountain does not undertake any duty to update any forward-looking statements except as may be required by law.

Contact / Investor Relations:
Douglas Baker at corp@otcprgroup.com
561-807-6350
https://otcprgroup.com

1 https://www.otcmarkets.com/filing/html?id=17769448&guid=AvO-k6ImV7-FJth


FAQ

Who is Joe Pergola and what position has he been appointed to at Bright Mountain Media (BMTM)?

Joe Pergola, an industry veteran with over 25 years of experience, has been appointed as a Director and Chair of the Audit Committee at Bright Mountain Media (OTCQB: BMTM).

What is Joe Pergola's current role outside of Bright Mountain Media (BMTM)?

Joe Pergola currently serves as the Chief Financial Officer of Truckstop, a leading digital marketplace for freight.

What significant achievement did Joe Pergola accomplish as CFO of Integral Ad Science?

As CFO of Integral Ad Science, Joe Pergola played a important role in the company's successful IPO in 2021, which valued the company at $3.8 billion.

How does Bright Mountain Media (BMTM) CEO Matt Drinkwater view Joe Pergola's appointment?

CEO Matt Drinkwater praised Joe Pergola's financial expertise and operational experience, stating it will be invaluable for guiding Bright Mountain Media through its next growth stage.

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