Millennial Media Names New Execs, To Hire 20 More By EOY 2010 | MMA
September 24, 2010
Submitted by Millennial Media

MILLENNIAL MEDIA ADDS INDUSTRY TALENT TO NEWLY CREATED EXECUTIVE ROLES

Mobile Ad Industry Leader Staff Grows 34% in 2010

BALTIMORE, MD and MENLO PARK, CA. September 21, 2010 – Millennial Media, the largest independent mobile advertising network, today named industry veterans Matt Gillis and Eric Hastings to the company’s management team. Speaking at The UBS 2010 Global Technology, Media & Telecommunications Crossroads Conference in Menlo Park today, Millennial Media will outline the industry, and the company’s growth trajectory, including plans to hire nearly two dozen positions in the next 90 days.

Matt Gillis joins Millennial Media as the senior vice president of Business Development, leading the growth and development of the company’s strategic partnerships. Matt is a mobile industry veteran with more than 15 years experience with wireless software and content. Prior to Millennial Media, Matt spent over 10 years in the operator business, where he successfully built and managed critical relationships with content and software publishers and developers. Most recently, Matt led boutique mobile games publisher, Cosmic Infinity, to their eventual acquisition by Japanese mobile videogame giant Capcom. Since the acquisition, he served as the Executive Vice President of Publishing (Americas/EMEA), bringing top-selling games such as “Street Fighter”, “Resident Evil”, and “Who Wants To Be a Millionaire” to mobile phones everywhere. With Capcom, Matt was responsible for sales, marketing, and licensing, elevating Capcom Mobile to a Top Five mobile publisher.

Eric Hastings has been named to the newly created position of senior vice president of engineering, where he leads the development and operation of Millennial Media’s technology systems. Eric is an 11-year veteran of advertising technology, with more than 18 years designing, building, and operating complex, highly-scalable information systems. He has extensive experience in the advertising systems space, creating solutions for the management, delivery, and analysis of online media. Prior to joining Millennial Media, Eric worked at Advertising.com, where he led the technology department through its acquisition by AOL, then led the group as Vice President of Engineering for AOL Advertising. He has also held positions with Ciena and Booz Allen & Hamilton, and has consulted for T. Rowe Price, Micros, and Safenet.

“Matt Gillis and Eric Hastings bring incredible industry knowledge and expertise into Millennial Media,” said Michael Avon, executive vice president and CFO, Millennial Media. “Millennial Media’s executive team is second to none in the industry, and we will continue to aggressively grow key areas of the company in the coming months.”

From 2009 to 2010, the Millennial Media’s staff grew by more than 50%. Hiring in line with unprecedented revenue and client growth, the company’s staff has grown an additional 34% since the beginning of 2010. Millennial Media plans to hire more than 20 additional engineering, operations and sales team members in the company’s Baltimore and San Francisco offices, by the end of 2010.

Note to Editors/Reporters: Photographs of the new executives are available upon request.

About Millennial Media
Millennial Media is the proven leader in mobile advertising. With the largest mobile media audience in the U.S., Millennial Media uniquely offers brand advertisers the only set of specific, scalable audiences. Our ability to reach, target and engage consumers is unparalleled. As an innovative technology leader, our mobile decisioning, serving, and mediation platforms are powering some of the largest companies in the media business today. The company is committed to growing the mobile advertising marketplace by becoming the preferred partner to all advertisers seeking to reach mobile consumers, all publishers and developers seeking to maximize ad revenue, and all mobile operators seeking to further monetize their networks. Millennial Media was named the 2010 OnMedia Top Private Company in Digital Media, won the 2010 Stevie for the Most Innovative Company, and Paul Palmieri, president and CEO, was named Ernst & Young Entrepreneur of the Year for Technology in Maryland. For more information, please visit http://www.millennialmedia.com or follow us on Twitter @millennialmedia.