The Channel Company, a global leader in strategic channel growth for prominent technology providers, has announced the appointment of Gary Bannett as the new Chief Financial Officer. This strategic addition to the executive team is set to strengthen the company's financial acumen. Bannett brings over 25 years of extensive experience in high-growth sectors such as media, advertising, entertainment, and channel enterprises. His previous roles include serving as CFO at the Pace Gallery, one of the most prestigious art institutions worldwide, and as CFO of Prometheus Global Media, known for managing internationally acclaimed brands like Billboard, The Hollywood Reporter, and Adweek. Bannett also held senior executive positions at EMI, a notable music brand, and was the CFO for Almo Corporation, a distributor specializing in channel-based electronics and appliances.
Matt Yorke, CEO of The Channel Company, expressed enthusiasm about this strategic hire, emphasizing Bannett's capability to propel the company forward. "With Gary's extensive finance and leadership expertise, he will design strategies to sustain and enhance TCC's global momentum, drive revenue, and support the growth and success of our technology customers," Yorke commented. As CFO, Bannett's role will encompass overseeing TCC's global financial operations, including strategic planning and capital allocations. His responsibilities extend to financial planning, accounting, global regulatory compliance, and managing investor relations, all crucial for shaping long-term growth strategies and reaching the company's expansion targets.
Gary Bannett articulated his eagerness to join TCC, highlighting his commitment to working alongside Yorke and the leadership team. He aims to boost operational excellence that fosters growth, cements TCC's leadership in emerging markets, and delivers exceptional experiences and business outcomes for their clientele. The Channel Company is renowned for accelerating success across strategic channels for tech vendors, solution providers, and end users, with offerings such as premier media brands, integrated marketing and event services, strategic consulting, and exclusive market and audience insights. It is part of a portfolio managed by EagleTree Capital, a prominent private equity firm based in New York City.
EagleTree Capital, which oversees $5.3 billion of assets, has notably completed 45 private equity investments and more than 100 add-on transactions over two decades. The firm focuses largely on North America, investing in sectors including business services, consumer products, and specialty industrial. Those interested in learning more about The Channel Company can visit their website at thechannelco.com, while more information on EagleTree Capital is available at eagletree.com or via their LinkedIn page.
