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C-level executive, General Manager, Board Member / Investor, reformed consultant* Lead CTV consolidation effort (strategy, M&A, Integration) incl. SpotX, SpringServe & small M&A deals* Led merger and integration of two public cos, Rubicon Project and Telaria, forming Magnite (NASDAQ: MGNI)* Led restructuring and growth efforts for public Adtech company (Rubicon Project)* Part of management team at two startups with $B+ exits (Overture, Green Dot)* Effective fundraiser; closed numerous VC, strategic and/or angel deals * Expertise in data rich environments leveraging ML and data science * Functional experience in Product, Business Development & Corporate Development Initial training as management consultant (BCG, Marakon). Harvard MBASpecialties: Growth; Entrepreneurship; Fundraising; Strategy; Data
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Chief Strategy OfficerMagniteLos Angeles, Ca, Us -
Board MemberTvcoins Oct 2021 - PresentNew York, New York, UsBoard member at Innovative FAST (Free Ad Supported Television) platform in rapidly growing CTV space -
Chief Strategy OfficerMagnite Jun 2020 - PresentMagnite (NASDAQ: MGNI) was formed as the merger of Rubicon Project (NYSE: RUBI) and Telaria (NYSE: TLRA). The merger closed in April of 2020.Recent accomplishments include:* Acquisition of SpotX for $1.17B* Acquisition of SpringServe for $31MM* Integration of SpotX and SpringServe into Magnite to create Magnite Streaming* Acquisition and integration of Carbon* Acquisition and integration of Nth PartyAs Chief Strategy Officer, I lead corporate development, merger integration and strategic initiatives. In addition, I lead our weekly executive team meetings and work closely with our Board of Directors. -
Chief Strategy OfficerRubicon Project Oct 2015 - PresentPlaya Vista, Ca, UsLed Rubicon Project's (NYSE: RUBI) successful "Merger of Equals" effort with Telaria (NYSE: TLRA)Led corporate development and strategic initiatives as Chief Strategy Officer. Major accomplishments include:* Integration of TLRA and RUBI businesses and teams into one cohesive organization.* Cost synergy execution against publicly announced target of $15-20mm run rate reduction* Creation and execution of strategy to enter Connected Television (CTV) space * Creation of "Prebid as a service" strategy, including acquisition and integration of RTK.io* Creation of Buyer strategy, including acquisition and integration of nToggle * Changes to auction dynamics * Pricing strategy changes* Restructuring of senior and executive management team and related cost control efforts* Departmental org restructuring -- Buyer Sales (2016), Product (2016), Marketing (2017)* Interim Executive roles: Chief Product Officer (2016) and Chief Marketing Officer (2017)* Redesign of Header Bidding product offerings, pricing, implementation and strategy* Divestiture of Intent Marketing business (2016)In addition, as Chief Strategy Officer, I led our weekly executive team meetings (set agenda, drive follow up, etc) and was very involved with Board of Directors (set agenda w/CEO & CFO, develop material, manage meetings, work with Board committees, etc) -
Executive Advisor & Seed Stage InvestorNovasignal (Formerly Neural Analytics) Dec 2014 - Jan 2017Los Angeles, California, UsAdvisor to UCLA spin out focused on portable, objective concussion detection and diagnosis. Company applies cutting edge data science techniques to biomedical data around brain health. -
Co-Founder & Managing DirectorThe Design Accelerator, Inc. Jan 2013 - Jul 2014Design-focused startup accelerator, a partnership between Caltech, Art Center College of Design and Idealab. Key accomplishments:• Co-created concept, the world’s first accelerator focused on great design• Developed and closed partnerships with Caltech and Idealab; Raised seed stage investment fund• Advise, coach and serve as board member for several startup companiesSelect portfolio companies include:* Anomaly Systems, Inc -- Real-time cloud-based data analytics * Raw Science -- distribution and promotion of science-oriented video content* Eyevoice -- social media app focusing on civic pride* Metamason -- 3d printed medical grade patient masks
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President & CeoLeisurelink (Sold To Vacation Roost) Feb 2006 - Sep 2012Salt Lake City, Ut, UsCEO of VC-funded travel technology company. Built large distribution network and sophisticated algorithmic pricing (yield) management platform for independent lodging companies such as vacation rental managers, timeshare developers, condo-hotels, B&B's, Inns, etc. Performance-based services for clients in the "travel e-commerce" space.Company sold to longtime distribution partner.* Grew volume through system from zero to significant eight figure amount* Industry changing platform platform product.* Secured strategic partnership and multiple equity investments from Fortune 500 partner* Closed data and distribution partnerships with dozens of leading travel companies, including Priceline, Orbitz, Expedia, Travelocity, Sabre, Galileo, etc.* D&T Fast 500 and Inc. 5000 honoree* Raised significant venture capital over several rounds. -
Board Member & Seed Stage InvestorNami Media Jun 2004 - Oct 2011Board member for advertising technology company focussed on search feed syndication. Company acquired by a public company in 2011.
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Gm, Green Dot Financial NetworkGreen Dot Corporation May 2004 - Jan 2006Austin, Texas, UsSequoia Capital funded company invented prepaid reloadable (GPR) card sold at retail. Company went public in 2010. I was GM of network business unit focussed on selling network cash acceptance services to leading billers and financial service companies. -
Vice President, Business DevelopmentOverture Services, Inc (Ipo 1999, Sold To Yahoo! 2003) Jun 1998 - Oct 2003UsOne of first 25 employees at search pioneer GoTo.com / Overture Services, now a division of Yahoo!Involved in Acquisitions, Divestitures, New product line development, IP acquisition, etc.Head of Product Management during company's startup phase, launching first PPC advertising system. Transitioned to VP of Business Development as company grew. -
DirectorHealthdesk Corp Jul 1996 - Jun 1998VC funded startup healthcare company. Product was diabetes disease management software for patients and clinicians.
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ConsultantBoston Consulting Group Jul 1994 - Jun 1996Boston, Massachusetts, UsManagement Consultant
Erik Hovanec Skills
Erik Hovanec Education Details
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Harvard Business SchoolGeneral Management -
Princeton UniversityPolitical Science
Frequently Asked Questions about Erik Hovanec
What company does Erik Hovanec work for?
Erik Hovanec works for Magnite
What is Erik Hovanec's role at the current company?
Erik Hovanec's current role is Chief Strategy Officer.
What is Erik Hovanec's email address?
Erik Hovanec's email address is eh****@****ite.com
What is Erik Hovanec's direct phone number?
Erik Hovanec's direct phone number is +131020*****
What schools did Erik Hovanec attend?
Erik Hovanec attended Harvard Business School, Princeton University.
What are some of Erik Hovanec's interests?
Erik Hovanec has interest in Developer Tools, Developer Apis, E Commerce, Fashion, Custom Retail, Local Advertising, Application Platforms, Mass Customization, Education, Online Video Advertising.
What skills is Erik Hovanec known for?
Erik Hovanec has skills like Start Ups, Strategic Partnerships, Strategy, Entrepreneurship, Product Management, Venture Capital, Business Development, Management, E Commerce, Product Development, Leadership, Corporate Development.
Who are Erik Hovanec's colleagues?
Erik Hovanec's colleagues are Michelle Daniell, David P., Mariano De Luca, Silvia Mcguire, Cory Brown, Sana Parveen, Rick Boshae.
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