Mary Hentges has been named Chief Financial Officer and Executive Vice President of CBS Interactive, a division of CBS Corporation (NYSE: CBS.A and CBS), it was announced today by Neil Ashe, President, CBS Interactive.
Press Release from CBS Interactive
SAN FRANCISCO – Aug. 30, 2010 — Mary Hentges has been named Chief Financial Officer and Executive Vice President of CBS Interactive, a division of CBS Corporation (NYSE: CBS.A and CBS), it was announced today by Neil Ashe, President, CBS Interactive.
Hentges comes to CBS Interactive after spending more than seven years as the Vice President of Finance and Chief Financial Officer for PayPal, where she led a global finance team that oversaw accounting, billing, financial planning and analysis, strategy, enterprise risk management, tax, treasury and internal audit to enable a tenfold growth in the business. She will report directly to Ashe and start Monday, Aug. 30.
"We're fortunate to have someone with Mary's experience, especially in the Internet space and on a global scale, join the team at CBS Interactive," said Ashe. "As CBS Interactive continues to grow and expand our worldwide operations, I'm confident Mary will provide the leadership and financial stewardship necessary to guide our operations."
"Mary is a terrific addition to the CBS finance team," said Joseph Ianniello, Executive Vice President and Chief Financial Officer, CBS Corporation. "Continued success at CBS Interactive is a key part of the Company's future, and I look forward to Mary's many contributions as we grow this business."
Prior to PayPal, Hentges worked in a number of key finance roles for Agilent Technologies and Hewlett-Packard. She was instrumental in leading all financial aspects of the separation and IPO of Agilent from its parent company, Hewlett-Packard. Hentges began her career in the audit sector of 'Big 8' firms Ernst & Whinney and Price Waterhouse.
"With an unparalleled collection of online brands, CBS has one of the premier interactive media businesses," said Hentges. "I'm confident we can grow by leveraging CBS' industry-leading premium content and building on CBS Interactive's financial success."
Hentges replaces Zander Lurie as CFO of CBS Interactive, a position Lurie held until April 2010 when he shifted to his current role as Senior Vice President, Strategic Development for CBS Corporation.
About CBS InteractiveCBS Interactive, a division of CBS Corporation, is the best online content network for information and entertainment. With 200 million people visiting its properties each month, CBS
Interactive is a top 10 Web property globally and a top 5 Web property in the U.S. in terms of unique video viewers. Its portfolio of leading brands, which include CNET, CBS.com, CBSSports.com, GameSpot, TV.com, BNET, Radio.com, and Last.fm, span popular categories such as technology, entertainment, sports, news and business.
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