Tongal has promoted co-founder James DeJulio to CEO, elevated five other executives and hired a new CFO.
DeJulio was chosen to succeed Tongal’s previous CEO and co-founder, Rob Salvatore, in a unanimous decision by its board of directors. DeJulio co-founded the company with Salvatore nearly ten years ago. As CEO, DeJulio, who has been serving as Tongal’s president, will focus on matching an accelerating level of differentiated content consumption with content creation on-demand. He will also oversee the company’s expansion into new verticals and offerings.
Jeff Lieberman, managing director at Insight Venture Partners and Tongal board member, said: “James has an incredible vision for the future of content creation, complemented by execution experience and the passion to drive Tongal through its next level of growth. We look forward to the future under his leadership and watching James continue to push boundaries and move the industry forward.”
DeJulio added: “Our mission is to bring the world’s creative work to the world’s creative talent, no matter where they are or who they know. I’m proud to be leading Tongal as we continue to drive the democratization of the global creative economy. Earning a living as a filmmaker is no longer the exclusive domain of people with a 902-dot-dot zip code. Since the inception of Tongal, our global community has proven time and again that it can exceed expectations of what’s possible in an open model by consistently developing studio-quality animation and live-action on-demand for every distribution platform.”
In other promotion news at Tongal: Caleb Light-Wills will now serve as chief creative officer, Lesley Worton was upped to president and head of production, Tina Walsh was elevated to chief brand officer, Scott Killinger is now VP of production and Amy Wecker is Tongal’s new head of marketing and communications.
Pete Bourdon, who is joining the company from the reverse logistics platform NEJ and previously served as CFO at TopCoder, has been appointed Tongal’s new CFO.