Ben Grad will take on the newly created role of senior vice president and head of strategic partnerships and operations.
Reporting to FuboTV co-founder and chief executive David Gandler, Grad will be responsible for developing and leading external partnerships and internal cross-functional initiatives for the business, covering both the streaming and online wagering segments.
Grad joined FuboTV in 2017 and was most recently senior vice president of content strategy and acquisition, following spells in strategy and partnership roles with Verizon, Fuse, Time Warner and Universal Music Group.
“Ben’s understanding of FuboTV’s business, combined with his expertise and track record as a media executive, will be invaluable as we transition from a start-up to a growth-oriented media and technology company,” Gandler said.
Meanwhile, Todd Mathers replaces Grad as senior vice president for content strategy and acquisition, as role in which he will report directly to chief business officer Henry Ahn.
Mathers will be tasked with expanding FuboTV’s range of sports, news and entertainment programming, as well as realigning licensing costs with existing and new content partners.
Prior to joining FuboTV, Mathers was head of content strategy and business development for Verizon/FIOS. He also spent 20 years at AT&T and DIRECTV, including a spell as senior vice president of programming and content.
In addition, Andrew Steinberg joins FuboTV as vice president for business development, also reporting to Ahn.
Steinberg will manage and grow distribution of FuboTV’s networks and create new business opportunities with current platform partners.
Steinberg was previously director of business development and partnerships for Goldin, a marketplace for trading cards, collectibles and memorabilia. He has also worked in senior business development and strategy roles at Discovery Inc., Scripps Networks Interactive, Paramount Pictures, TEGNA and Premion.
“Todd and Andrew have demonstrably helped expand and diversify the revenue streams of some of the world’s most renowned media businesses,” Ahn said. “We are excited to tap into their expertise to grow our sports entertainment content experience across multiple platforms, while managing costs for consumers and providing value for our shareholders.”
The trio of appointments comes after FuboTV last month reported a 102.2% year-on-year rise in revenue for the first quarter of its financial year, but higher spending meant its net loss doubled.