Genius Sports has confirmed the appointment of David Levy as new company Chairman, as the company moves to imminently list on the New York Stock Exchange (NYSE).
A figurehead in US sports and entertainment, Levy is the former President of Turner Broadcasting, credited with radically diversifying the news broadcaster’s media portfolio.
During his 30-year executive tenure at Turner, Levy played an instrumental role in defining and expanding the company’s media rights by securing long-term partnerships with the NBA, MLB, NCAA and PGA.
Having departed Turner in 2019, Levy has served as a strategic advisor to New York sports entertainment investment funds Arctos Partners and Raine Group.
Joining Genius, Levy backed the sports tech firm’s ambitions to reshape sports global engagement for a new generation of audiences.
“The capture and analysis of data has become fundamental to the rapid progression of the sports and media sectors. Genius is central to this unique ecosystem and is consistently leading the sports data and technology industry’s development.” Levy said
“I am thrilled to join the business at such a historic time and look forward to working as part of the team.”
Entering 2021, Genius completed the SEC registration to list its company as its NYSE enterprise, through a merger with SPAC vehicle dMY Technology Group.
Genius states that it remains on target to complete its NYSE listing during the first half of 2020 trading, targeting a $1.5 billion valuation.
Welcoming Levy’s appointment, Mark Locke, CEO of Genius Sports Group, said: “With his incredible track-record working with many of the biggest names in sports and media, David’s appointment as Chairman is the latest historic milestone in Genius Sports Group’s growth journey.”
“The worlds of sports, media, advertising, betting and streaming are converging rapidly and David’s unique expertise and experience will be invaluable to positioning Genius and our partners at the forefront of this trend.”