Chernin Group Hires Former Yahoo Exec as Digital President
The exec is expected to expand the company's presence in Northern California.
The Chernin Group said on Tuesday that it has hired Mike Kerns as its president of digital. Kerns is an entrepreneur with roots in the sports industry who was most recently a senior vp at Yahoo.
At TCG, Kerns is expected to expand the company's presence in Northern California, including the creation of a new office in San Francisco, as well as support TCG's portfolio of digital investments, including Fullscreen and Crunchyroll, online video services owned through Otter Media, a joint venture with AT&T.
TCG also has investments in Pandora, SoundCloud, Flipboard, Scopely and others, and it owns CA Media, which has media and digital businesses in Indonesia and India.
Prior to Yahoo, Kerns was CEO of Citizen Sports, a maker of apps that he co-founded. The company was acquired by Yahoo in 2010. Prior to that, he was chief of staff at Steinberg & Moorad Sports Management.
"We have meaningfully accelerated TCG's digital presence and sphere of investment activities over the past few years," said Peter Chernin, CEO of TCG. "Mike will be a phenomenal addition to the team and will help us with our existing portfolio of businesses, as well as in rapidly expanding our investment endeavors. He has a proven, multi-disciplined track record, which has become increasingly important to our company, current holdings and future growth."