Tapjoy has announced that former president of Disney Interactive Media Group Steve Wadsworth has been named its new CEO. This comes a day after president and CEO Mihir Shah left the mobile advertising platform.
“I’m extremely excited to be joining Tapjoy and the incredible team of talented, committed people who have built this dynamic company, and I’m thrilled to have the opportunity to lead Tapjoy through our next stage of growth,” said Wadsworth, formerly a director at Tapjoy since December 2011. “Tapjoy is a unique and compelling company whose innovation has created a robust model for mobile app discovery and monetization, serving the needs of publishers and advertisers. I’m honored to be part of the team, and I look forward to the opportunity.”
“Tapjoy sits in the epicenter of an incredibly exciting growth industry and is very well positioned to take advantage of future growth,” added Mark Fleshly, chairman of Tapjoy’s board. “Tapjoy has scaled dramatically over the past two years, and we are very excited and fortunate to have someone with Steve’s management credentials and deep technology and entertainment industry expertise to lead Tapjoy through our next phase of growth. Steve has had a unique opportunity to work closely with our senior management team since joining the Board. He will ensure that this is a seamless transition for all of Tapjoy’s customers and employees as we continue to drive the growth and product innovation we are known for. The Board would also like to acknowledge Mihir’s contributions to the firm during his tenure as CEO and thank him for helping the company transition from its start-up phase to a market leading growth company.”
