Mr. Portu has over two decades of experience in the development and operation of highly successful technology companies. He founded TierTwo Systems, a business he sold to Open Text Corporation, where he served as Senior Vice President, playing a key role in the growth of the business from 300 to more than 3000 employees, and integrating more than $800 million of acquisitions.
Most recently, he served as President of TradeWings, a global asset management business. Prior to that, Mr. Portu was CEO of The FeedRoom, where he led a successful turn-around of the business from 2007 until its 2009 acquisition.
"Mark's appointment brings vast experience in technology and entrepreneurship to KIT digital and our evolving leadership team. He will play an instrumental role in helping us grow our market share in online video platforms (OVP) and focus our capabilities in professional services," said interim CEO, Peter Heiland.
"I'm pleased to be joining the KIT digital team -- a company that's been an OVP disrupter for many years. The convergence and systems integration of OVP and OTT is something I am really excited about and I look forward to using my experience to build upon KIT's foundation as an industry leader," said Mr. Portu of his new role.
Further strengthening the OVP team at KIT digital, Chuck Ebbets has rejoined the team as Director of Product Management for the OVP product line, focusing his attention on KIT Cloud and related technologies.
About KIT digital, Inc.
KIT digital is a leading video management software and services company. With its proprietary OVP and OTT platform products, Cloud and Cosmos, as well as systems integration and solutions design expertise, KIT delivers complete video solutions to clients, helping to power the transformation from traditional broadcast to multiscreen broadband TV. KIT digital services nearly 2,500 clients in 50+ countries including some of the world's biggest brands, such as Airbus, The Associated Press, AT&T, BBC, BSkyB, Disney-ABC, Google, HP, MTV, News Corp, Sky Deutschland, Sky Italia, Telecom Argentina, Telecom Italia, Telefonica, Universal Studios, Verizon, Vodafone VRT and Volkswagen. KIT digital maintains headquarters in New York City with offices around the world. Learn more at www.kitd.com and follow on Twitter.
KIT digital Media Contact:
VP Brand and Communications
T: +1 (347) 328 3545
TallGrass PR Media Contact:
T: +1 (646) 801 4695