Venatus announces new CEO, Nick Hugh

London, Monday 9th September 2024

Venatus, the leading global specialist in gaming and entertainment advertising technology, is delighted to announce that Nick Hugh will be joining the company as its new Chief Executive Officer, following a comprehensive external search conducted by a leading executive search firm. Nick commences his new role on Monday 9th September 2024. 

Nick served most recently as CEO of Telegraph Media Group for seven years, where he led the company through significant digital transformation and growth. Previous roles include eight years at Yahoo, where he held several senior leadership positions, including Vice President of EMEA. 

This strategic leadership transition marks an exciting new chapter in Venatus’ journey of growth and innovation.

Commenting on the new appointment, outgoing CEO Rob Gay said, "Venatus has enjoyed 200% revenue growth since 2019, we’ve doubled our headcount to 120 employees, and now the time is right to bring in a leader with Nick's experience to take the company to the next level. We are excited about what the future holds under his leadership and are committed to supporting him in every way possible during this transition.”

Venatus brought on Livingbridge, one of the UK’s leading mid-market private equity investors, in 2021 to continue to accelerate its global growth. Nick Hugh’s appointment reflects the board's commitment to ensuring that Venatus is well-positioned for its next phase of growth, leveraging Nick’s track record in scaling businesses. 

Venatus co-founders Rob Gay and Matt Cannon, who have successfully led the company since its inception 14 years ago, will continue to be deeply involved with Venatus. Both retain their shareholdings and board positions and will remain fully engaged to ensure a smooth transition.

Nick Hugh added, “I’m excited to be joining Venatus - Rob, Matt and the team have built an excellent business over the last decade and now is the opportunity to further accelerate that growth across the world. I’m looking forward to working with the team, the board and Livingbridge to deliver on the growth and M&A strategy in the coming months and years, to deliver a strong return for all stakeholders.”

For media inquiries contact:
James Shanahan, CMO
James.Shanahan@venatus.com

‍About Venatus
Venatus is the leading global specialist in gaming and entertainment advertising technology, delivering 200% revenue growth since 2019. Founded in 2010, and headquartered in London with offices in New York, Los Angeles, Sydney, and Seoul, the company has grown into a global team of 120 people, delivering innovative solutions for publishers and advertisers worldwide. Venatus brought on Livingbridge as private equity partners in 2021 to further accelerate its global growth.