Seeing Demand Media Out Of Its Slump, Dave Panos Is The Right Man In The Right Place!
Demand Media had a pretty rough 2011, though its Fourth Quarter earnings were actually better than expected. A provider of videos, blogs, and other media over the Internet, Demand Media has been working to transform the way people use the Internet for education and entertainment. While the company has been growing, Demand Media’s Board has been buying back its stock and the company is not quite where the executives and analysts thought it would be. Dave Panos is the man who will change the direction of Demand Media!
Dave Panos is the Chief Strategy Officer of Demand Media and his plans for the company are ambitious. Because Demand Media is known for delivering original Internet video content the company is in competition with many distribution channels, like YouTube. Panos organized a strategic partnership with competitor CoverItLive. By pairing Demand Media and CoverItLive, Panos helped increase the video base of Demand Media dramatically, which allows Demand Media to reach a much wider audience. Having the vision to partner with potentially vulnerable competitors is part of what makes Panos a truly great Chief Strategy Officer.
As a Phi Beta Kappa from Furman University and an executive with a Master’s of Business Administration from Harvard’s Business School, Dave Panos is a qualified executive for virtually any business endeavor. What sets Panos apart is his more than twenty years of experience in the tech sector. Panos has worked on the business aspects of dozens of technology companies, so he has seen firsthand what works and what does not! After a start in product management, Dave Panos received a hands-on education in marketing at DataBeam. Panos was so successful at marketing DataBeam that IBM bought the small company! After co-founding Question Technologies, Dave Panos co-founded Pluck, which was one of Demand Media’s earliest acquisitions!
Since Demand Media purchased Pluck, Panos has worked to position Demand Media to dominate the on-demand Internet video market. His first position with Demand Media was as Chief Marketing Officer. With his success at raising the name recognition of Demand Media, Panos was promoted to Chief Strategy Officer. As Chief Strategy Officer, Dave Panos he works tirelessly to improve Demand Media’s presence on the Internet and make the company profitable. If anyone can do it, it is Dave Panos!
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