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Jaxsta Limited ( (AU:VNL) ) has shared an announcement.
Vinyl Group Ltd has overhauled its executive leadership following the completion of its Val Morgan Digital acquisition, appointing Jonathon Oake as Chief Operating Officer, promoting Michael Globan to Chief Financial Officer and reallocating current CFO Jorge Nigaglioni to Chief Integration Officer. The moves are designed to strengthen operational execution, financial management and post-acquisition integration, signalling the company’s intention to scale its expanded media and music technology portfolio and realise synergies from recent growth.
Oake, a veteran of ByteDance, Optus and Foxtel, will lead group-wide operational performance and systems optimisation, while Nigaglioni will focus on aligning newly acquired businesses and delivering integration milestones. Globan, a chartered accountant with experience at Warner Music Group, Dentsu and EY, will oversee group finance, reporting, compliance and capital management, reinforcing Vinyl Group’s internal capabilities as it navigates its enlarged footprint in media, music and digital content.
More about Jaxsta Limited
Vinyl Group Ltd is an adaptive media and music technology company whose portfolio spans publishing and platforms, connecting culture with commerce across fans, brands and creators. Its publishing arm, Vinyl Media, operates titles such as Concrete Playground, Mediaweek and Tone Deaf, and holds Australian licences for Rolling Stone, Variety, Refinery29, POPSUGAR, BuzzFeed, Tasty and LADbible Group brands.
The platforms division includes Vinyl.com, an e-commerce site with more than 60,000 titles; Vampr, a social-professional network and talent marketplace with 1.6 million creators in over 190 countries; and Serenade, a physical and digital collectibles platform supporting over 200 global artists.
Average Trading Volume: 350,385
Technical Sentiment Signal: Hold
Current Market Cap: A$118.1M
For a thorough assessment of VNL stock, go to TipRanks’ Stock Analysis page.