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Nep Group Appoints CFO Martin Stewart As CEO

Jun 08, 2023about 2 years ago

Position

Chief Executive Officer

Company

NEP Group

Martin Stewart
PittsburghPodcast

Description

NEP Group, the leading worldwide technical production partner supporting premier producers of live sports and entertainment, announced today that Chief Financial Officer Martin Stewart has been appointed Chief Executive Officer. Stewart succeeds Brian Sullivan, who steps down after leading NEP’s recovery from the severe impact of COVID through to record profitability and strategically repositioning the business for growth in new areas such as centralized production.","With a career spanning over 30 years in leadership roles in the media telecommunications and sports sectors Stewart has led businesses through both acquisitions and organic growth. His deep transformation insight and experience has helped NEP identify new growth and efficiency opportunities during his time as CFO.","The company is also pleased to announce that, effective immediately, Doug Kovach will be promoted to the role of CFO, NEP Group

Company Information

Company

NEP Group

Location

Pittsburgh, Pennsylvania, United States

About

You have a vision. We see it, too. With a worldwide network of experts and cutting-edge technology, our unique Global Production Ecosystem empowers content creators and rights holders to tell stories in breakthrough ways. We're built on 35 years of trusted experience across broadcast, live event, and virtual production to deliver the solutions you need—anytime, anywhere. Headquartered in the United States, NEP has operations in 25 countries with over 5,000 employees. Together, we have supported productions in over 100 countries on all seven continents, and we’re still growing. Learn how we help our clients bring content to life at nepgroup.com.

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Executive Insights

Based on hiring data
New executive impact window
87% of new executives make significant technology decisions within first 100 days
Budget influence
C-level executives control 73% of technology spending decisions
Transformation catalyst
65% of new senior hires launch digital transformation initiatives
Vendor review timeline
New executives typically review existing vendors within 6 months