Vimeo has named Gillian Munson as its next CFO.
Vimeo has named Gillian Munson as its next CFO. She takes over from outgoing finance chief Narayan Menon effective immediately and will oversee the video software platformās corporate finance, accounting, investor relations and administrative functions.
Menon will stay on as an Executive Advisor through the end of 2022.
Munson is an experienced financial operator with 30 years in CFO, board member, advisory and investor roles. Most recently she served as CFO at Iora Health, where she oversaw its recent acquisition by One Medical. She also served as the CFO at XO Group, a Venture Partner at Union Square Ventures and a Managing Director at Allen & Company. She currently serves on the boards of Duolingo and Phreesia.
āGillian stands out as a strategic, battle-tested leader with decades of experience across every angle of finance, and a consistent record of driving growth and shareholder value in companies pursuing new and emerging markets,ā Vimeo CEO Anjali Sud said in a . āShe's been an effective steward of capital throughout her career, and a builder of world-class finance talent and teams. I am thrilled to have her as a partner for Vimeoās next phase as a public company.ā
Vimeo became a publicly traded company after its spinoff from IAC in May 2021. A few months later, Vimeo made its first as a public company by buying AI video startups Wibbitz and Wirewax, which allow users to link objects in videos to outside content.
āVimeo has a bold vision and unique opportunity to power video at work for every employee, team and organization,ā Munson said. āIt is extremely exciting to join a company that has the potential for both significant growth and market leadership for years to come. I look forward to diving in with this talented team and making my mark.ā
But it hasnāt been smooth sailing for Vimeo, which recently ran into a publicity nightmare around its pricing policies, an area in which Munson will likely have to examine Vimeoās top finance authority. Last month, the company made headlines after surprising some creators with to host their content on its platform. Vimeo quickly for its communication around the rate increases and extended the window to work with its creators. Vimeo had reportedly given users nine days to pay thousands of dollars to upgrade their accounts; now, it will allow users a 30-day period to come up with the cash and negotiate with the company.
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