Former Hewlett Packard Enterprise CEO Meg Whitman has a new CEO position, having been recruited by Jeffrey Katzenberg to become CEO of his mobile video venture NewTV. According to The Hollywood Reporter, Whitman will take on the position starting March 1 in Los Angeles.
“Katzenberg has been incubating NewTV through WndrCo, the firm he launched after stepping down as CEO of DreamWorks Animation to invest in and launch new media and technology ventures,” THR reports. “He has spoken publicly about his hope to create a new type of serialized, mobile-first content through NewTV and has been actively searching for investors to pump $2 billion into the venture. He will serve as chairman of NewTV.”
In a statement released today, Katzenberg said: “Meg is one of the most accomplished and sought-after executives of our time. She has built and scaled some of the most important global companies today. To say I am thrilled that Meg will be at the helm would be an understatement. Her leadership, operational expertise, and deep understanding of technology and consumer behavior will be invaluable in creating the future of mobile entertainment.”
Whitman was previously CEO of eBay, and has held positions at Disney and Hasbro. She currently sits on the boards at Dropbox, Procter & Gamble, Teach For America and The Nature Conservancy, and was previously a board member at DreamWorks Animation.