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Anjali Sud

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Anjali Sud
Anjali Sud at the Collision conference in 2018
Born (1983-08-13) August 13, 1983 (age 41)
Detroit, Michigan
NationalityAmerican
EducationPhillips Andover Academy
Wharton School of the University of Pennsylvania
Harvard Business School
OccupationCEO of Vimeo

Anjali Sud (born 1983)[1][2] is an American businesswoman and the CEO of Vimeo, the online video platform. Sud was appointed to the position in July 2017, after previously serving as General Manager and head of marketing.[3] Sud serves on the board of Dolby Laboratories,[4] is a designated Young Global Leader of the World Economic Forum,[5] and was listed as one of Fortune's 40 Under 40 rising business leaders in 2018.[6]

Early life and education

Sud was born in Detroit, Michigan, as the daughter of Indian immigrants. She grew up in Flint, Michigan.[1] In 1997, at age 14, Sud left Flint to study at Phillips Andover Academy in Andover, Massachusetts.[2]

Sud graduated from the Wharton School of the University of Pennsylvania in 2005, with a B.Sc. in Finance and Management.[7] In 2011, she received her MBA from Harvard Business School.[8]

Career

Between 2005 and 2014, Sud held positions in finance, media and e-commerce at Sagent Advisors, Time Warner and Amazon.[8][9]

In 2014, Sud joined Vimeo, an IAC subsidiary, as Head of Global Marketing. She later served as General Manager of Vimeo's core creator business, where she built out the company's offering for hosting, distributing and monetizing videos.[10][11] In that role, Sud led a number of launches on the platform, including Vimeo Business (a membership plan for marketers and brands),[12] 360 video support,[13] and video collaboration and review tools.[14]

Sud was appointed to CEO of Vimeo in July 2017, as the company announced its plans to refocus its strategy from investing in original content to offering software and tools for video creators.[15] In September 2017, Sud oversaw the acquisition of Livestream.[16] In April 2019, Sud oversaw the acquisition of video editing app Magisto.[17]

In November 2020, Vimeo raised $150 million in equity from Thrive Capital and GIC at a valuation of $2.75 billion.[18] In January 2021, Vimeo raised $300 million in equity from T. Rowe Price and Oberndorf Enterprises at a valuation of over $5 billion.[19] IAC also announced that it expected to spin-off Vimeo into an independent public company in Q2 of 2021.[20]

Sud serves on the board of Dolby Laboratories.[4] She is a designated Young Global Leader of the World Economic Forum.[5]

Awards and honors

In November 2017, Sud was listed as one of The Hollywood Reporter's Next Gen: 35 Under 35 honorees.[21]

In March 2018, Crain's New York selected Sud as one of its annual 40 Under 40 honorees.[22]

In July 2018, Sud was named #14 on Fortune's "2018 40 Under 40" list.[6] She was included on Adweek's Power List later that month.[23]

In December 2019, Sud was honored with a Muse Award by the New York Women in Film & Television, along with Gloria Estefan and Ann Dowd.[24]

References

  1. ^ a b Hahm, Melody (November 9, 2017). "How Anjali Sud became Vimeo's CEO at 34 years old". Yahoo Finance. Retrieved January 30, 2019.
  2. ^ a b Michaels, Matthew; Feloni, Richard (April 20, 2018). "A piece of advice from her father helped the CEO of Vimeo land the job at 34". Business Insider. Retrieved January 30, 2019.
  3. ^ Lawler, Ryan (July 20, 2017). "Vimeo promotes Anjali Sud to CEO after canceling SVOD plans". TechCrunch. Retrieved January 30, 2019.
  4. ^ a b "Dolby Appoints Anjali Sud to its Board of Directors". GlobeNewswire. May 14, 2019.
  5. ^ a b "World Economic Forum: Here are WEF's Young Global Leaders pushing boundaries and changing the World in 2019". CNBC. March 15, 2019.
  6. ^ a b "40 Under 40: The Most Influential Young People in Business 2018". Fortune. July 19, 2018. Retrieved January 30, 2019.
  7. ^ "Stories - Alumni - Harvard Business School". alumni.hbs.edu. Retrieved January 30, 2019.
  8. ^ a b "Anjali Sud". IAC.com. Retrieved January 30, 2019.
  9. ^ Wiener-Bronner, Danielle (May 25, 2018). "Anjali Sud was rejected from dozens of investment banks. Now she's the CEO of Vimeo". CNN Money. Retrieved January 30, 2019.
  10. ^ "Executive Profile: Anjali Sud". Bloomberg.com. Retrieved January 30, 2019.
  11. ^ Zipkin, Nina (August 10, 2018). "After She Trusted Her Instincts and Pursued a Different Strategy, She Became CEO of Vimeo". Entrepreneur. Retrieved January 30, 2019.
  12. ^ Gesenhues, Amy (September 13, 2016). "Vimeo launches Vimeo Business - a video hosting & marketing plan aimed at SMBs". Marketing Land. Retrieved January 30, 2019.
  13. ^ Vincent, James (March 8, 2017). "Vimeo introduces support for 360-degree videos". The Verge. Retrieved January 30, 2019.
  14. ^ Sawers, Paul (January 18, 2017). "Vimeo rolls out tools that let reviewers provide time-coded feedback and notes on individual frames". VentureBeat. Retrieved January 30, 2019.
  15. ^ "IAC Q2 2017 Shareholder Letter". IAC.com. August 2, 2017.
  16. ^ Perez, Sarah (September 26, 2017). "Vimeo acquires Livestream, launches its own live video product". TechCrunch. Retrieved January 30, 2019.
  17. ^ Lunden, Ingrid (April 15, 2019). "Vimeo has acquired short-form video-creation platform Magisto, reportedly for $200M". TechCrunch. Retrieved January 30, 2019.
  18. ^ Bursztynsky, Jessica (November 5, 2020). "IAC considers Vimeo spinoff after achieving $2.75 billion valuation". CNBC. Retrieved November 8, 2020.
  19. ^ "IAC's Vimeo Raises New Funds at $6 Billion Valuation". Bloomberg.com. January 25, 2021. Retrieved January 30, 2021.
  20. ^ "IAC plans to spin off Vimeo as an independent company". TechCrunch. Retrieved January 30, 2021.
  21. ^ Rose, Lacey; Ford, Rebecca (November 8, 2017). "Next Gen 2017: Hollywood's Up-and-Coming Execs 35 and Under". The Hollywood Reporter - Anjali Sud, 34. Retrieved January 30, 2019.
  22. ^ "40 Under 40 - Anjali Sud, 34". Crain's New York Business. 2018. Retrieved January 30, 2019.
  23. ^ Gianatasio, David (July 22, 2018). "Adweek's 2018 Power List: 100 Cutting-Edge CEOs in Marketing, Media, Branding and Tech". Adweek. Retrieved January 30, 2019.
  24. ^ "Muse Awards". NYWIFT. 2020. Retrieved January 30, 2020.

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