LIMELIGHT NETWORKS NAMES CHIEF FINANCIAL OFFICER
Limelight Networks, the world’s leading content delivery network for digital media, has announced that Matthew Hale has joined the company as Chief Financial Officer. Hale reports to Limelight Networks Chairman and CEO Jeff Lunsford and is responsible for all of the company’s finance and administrative operations.
Hale joins Limelight Networks from customer-interaction software firm S1 Corporation (Nasdaq: SONE), where he was President of North America Retail Banking, Global Wholesale Banking and Insurance Markets. Under his leadership, his unit improved operating efficiency and profitability and introduced a new generation of software products. Earlier at S1, Hale served for five years as the company’s CFO, during which time he oversaw numerous acquisitions and divestitures, as well as implementation of the initial Sarbanes-Oxley compliance systems. Previously, Hale served as CFO for several technology companies, including Q Up Systems and CCI Triad, where he oversaw rapid growth, built strong domestic and international finance operations, established financial planning systems, and instituted rigorous financial controls. Hale has also held executive positions at accounting firm Ernst & Young.
“Matt’s depth and breadth of financial and operational expertise make him invaluable to Limelight Networks as we accelerate our global expansion in response to the unprecedented demand for rich digital media delivery,” commented Jeff Lunsford. “A proven financial leader within high-growth technology firms and profitable public companies, Matt is a perfect fit for this key executive role. I am delighted to welcome him to our leadership team.”
Hale commented that he was impressed by Limelight Networks’ leadership position in a dynamic market and the company’s unwavering customer orientation. “I am extremely enthusiastic about joining Limelight Networks during this period of growth, both for the company and the digital media industry,” he said. “I look forward to augmenting the company’s finance and administrative operations as we continue our strategic expansion into new international markets. Limelight Networks’ emphasis on both technical innovation and best practices creates an ideal environment for realizing the company’s tremendous potential.”
About Limelight Networks
Limelight Networks is the high performance content delivery network for digital media, providing massively scalable, global delivery solutions for on-demand and live Internet distribution of video, music, games and downloads. Limelight Networks’ infrastructure is optimized for the large object sizes, large content libraries, and large audiences associated with compelling rich media content. Limelight Networks is the content delivery network of choice for more than 700 of the world’s top media companies, including Akimbo, Amazon Unbox™, Belo Interactive, Brightcove, “BuyMusic” @ Buy.com, DreamWorks, LLC, Facebook, FOXNews.com, IFILM, ITV Play, Marimba, MSNBC.com, MySpace, NC Interactive, Radio Free Virgin, Valve Software, and Xbox Live. For more information, visit: http://www.llnw.com