Moses Znaimer, founder and CEO of ZoomerMedia Limited, last Friday announced Serge Blumenfeld has assumed the role of the Toronto-based media company’s chief financial officer following the departure of Terence Chan who has left to pursue family business opportunities.
“The Board thanks Mr. Chan for his dedication and excellent service and wishes him the best in his future endeavors,” a press release says.
With more than 20 years of experience in a variety of finance and technology roles, Blumenfeld has previously held senior positions at a number of Fortune 1000 companies, including Citibank, PeopleSoft and Willis Towers Watson, the release says, adding, “He brings big-company discipline with a down-to-earth, getting-things-done attitude.”
“I’m a self-proclaimed media addict and excited and honoured to embark on a new adventure alongside Moses and a world-class team of media professionals,” Blumenfeld said in a statement.
Blumenfeld is joining ZoomerMedia on the heels of the company’s recently announced acquisitions of Alberta-based digital media publisher Curiocity, and Owen Sound’s CJOS Bounce 92.3FM from Bell Media, which is still subject to CRTC approval and other closing conditions.
“These acquisitions mark ZoomerMedia’s sixth and seventh acquisition in two years as Moses carries out his plan to expand the company’s reach beyond its original core demographic, the 45-plus, and also grow audiences 18-44,” the release says.
ZoomerMedia’s radio properties include The New Classical FM and Zoomer Radio. Its TV properties include VisionTV, OneTV, JoyTV and FaithTV. It also publishes Zoomer Magazine and operates the Zoomer Digital Network, which includes online publications it has acquired in recent years, such as dailyhive.com, blogto.com, readthepeak.com and ludwig-van.com.
