Underdog Hires New CFO, CMO from Twitter, Warner Bros. as It Eyes Next Growth Phase
Underdog has made two major additions to its C-suite, hiring Rishi Garg as its new Chief Financial Officer (CFO) and Kimberly Pointer Corbett as its new Chief Marketing Officer (CMO).
A Seasoned Tech Veteran to Lead Finance
Rishi Garg, the new CFO, is a product-first business leader with a deep background in investing, corporate development, and strategy at some of Silicon Valley’s most disruptive brands. He has held senior roles at Twitter and Square and spent nine years as a Partner leading the consumer practice at the Mayfield Fund.
His appointment is a strategic one, aimed at aligning Underdog’s product innovation with a sound financial and corporate strategy as the company enters its next phase of growth.
“From day one at Underdog, I could feel that the energy here is different,” said Garg. “Right now, we have a pivotal opportunity to be a great consumer company and build the essential daily companion to the American sports fan, and I am excited to be a part of it.”
A Gaming Marketing Expert to Steer the Brand
The new CMO, Kimberly Pointer Corbett, brings over a decade of marketing leadership from the mobile and console gaming industries to her new role. She most recently served as the SVP of Digital Publishing at Warner Bros. Games, where she led the publishing strategies for major mobile and AAA game launches.
Her experience also includes senior leadership positions at the social gaming giants Zynga and Kabam, where she was responsible for scaling six different billion-dollar game franchises. Her expertise in data-driven marketing will be critical as Underdog looks to expand its reach and build on its strong foundation.
“Underdog has amazing talent and is positioned to be the biggest company in the space with what they’ve built for sports fans,” said Pointer Corbett. “I can’t wait to build on Underdog’s strong foundation to reach new heights.”
A Company in Hyper-Growth Mode
The new C-suite appointments come at a time of significant momentum for Underdog. The company recently raised $70 million in a Series C funding round that valued it at over $1.3 billion. It has also recently launched a partnership with Crypto.com to offer sports prediction markets, making it the only major operator to offer fantasy sports, sports betting, and prediction markets on a single, unified app.
“Our formula to win is simple: invest in people and product, and we bring in leaders who know what it takes to build the type of company we want to be,” said Jeremy Levine, Founder and CEO of Underdog. “Throughout their careers, Rishi and Kimberly have done it, demonstrating the ability to build some of the most globally successful consumer brands. We have ambitious goals and we’re building the team to take us there.”
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