The UFC has announced that Andrew Schleimer will take over as the Chief Financial Officer (CFO) for the company. He replaces Nakisa Bidarian who will be leaving at the end of December to join Frank Fertitta III and Lorenzo Fertitta in new investment vehicle for the Fertittas.
Via UFC.com:
Most recently, Schleimer served as EVP & CFO of Digital Turbine Inc. (previously, Mandalay Digital Group), a NASDAQ publicly traded digital company founded and formerly chaired by Peter Guber. There he oversaw the company’s development and acquisition strategy including its 2015 merger with Appia, the leading independent mobile user acquisition network.
Prior to that, he served as EVP, Strategic Development & In-Park Services for Six Flags, where he oversaw all in-park revenue, international development, and licensing across the company’s 30-park global footprint.
Schleimer began his career as an investment banker with UBS where he advised on over $150 billion of M&A transactions in the technology, media, telecommunications, and consumer products space. He graduated from Cornell University with a Bachelor of Science.
Bidarian was named UFC CFO this past January.
Payout Perspective:
A short stint for Bidarian who appears to be landing with the Fertitta brothers in another business venture. The new CFO reflects the evolving changes after the acquisition by WME-IMG. A former investment banker, he will provide the company with the financial leadership in guiding the new owners.
Leave a Reply