Business
Mood Media Aligns Operating Infrastructure To Support Growth, Create Efficiencies And Enhance Profitability
Appoints Ken Eissing Chief Operating Officer, North America TORONTO , Oct. 11, 20...
About this update from Maximus Metals, Inc.
[{"type":"text","content":"\n\nAppoints Ken Eissing Chief Operating Officer, North America\n\n\nTORONTO, Oct. 11, 2013 /CNW/ - Mood Media Corporation (ISIN: CA61534J1057) (TSX: MM) (LSE AIM: MM) (\"Mood Media\" or the \"Company\") today announced a series of initiatives focused on transforming the Company's operations to pursue organic growth opportunities, create new efficiencies and enhance profitability and free cash flow. The Company is executing against a multi-phase plan that includes:\n\nConsolidating redundant functions across countries and business units within Mood International; \nIntegrating corporate or business unit resources to share services and functions across the global organization where possible, while improving operating margins; \nAligning the Company's expense structure more closely with revenue opportunities; \nEngendering a company-wide culture of heightened accountability that prioritizes achievement of revenue synergy, efficiencies and profitability targets.\n\n\"During the past two years, Mood Media has acquired and assembled a market-leading portfolio of assets. We are now executing a focused strategy to enhance our profitability and broaden our audio, visual, scent and mobile solutions to further support our clients,\" said Steve Richards, Chief Executive Officer and President. \"We believe we have several opportunities to integrate functions and better leverage Mood fixed infrastructure to support multiple business units throughout our global organization. In addition, we are utilizing new tactics to share product solutions across business units creating new opportunities for clients, and allowing Mood to deepen existing client relationships. We see significant opportunities for growth across our markets and businesses and we are taking transformative steps to create enhanced value for our shareholders, clients and associates.\" \nToday Mood also announced that Ken Eissing has been appointed to the position of Chief Operating Officer, North America. Mr. Eissing will be responsible for all Mood client-facing functions, including sales, account management, customer service, service delivery and marketing. He will oversee all aspects of client experiences to ensure Mood Media's products and services are delivered efficiently and effectively to meet client expectations and drive organic growth in North America. Mr. Eissing will...