Wednesday, January 13, 2021

Triller poaches new CFO from Warner Chappell ahead of its IPO

By Emmanuel Legrand


Triller has beefed up its top management with the appointment of Paul Kahn as Chief Financial Officer, ahead of crucial decisions for the fast-growing short video platform. He joins from Warner Music Group's music publishing divisionWarner Chappell Music, where he served as CFO and EVP for the past five years.

  Kahn has been tasked to "utilise his commercial and strategic financial expertise, along with his vast venture experience in building businesses to create a world class finance operation to bring Trillers accounting and operations to the highest standard."

  "We're thrilled to welcome Paul, one of the most accomplished executives in the music and content space. His unparalleled expertise is important during this exciting period of explosive growth and influence at Triller," said Triller co-owner and Executive Chairman, Bobby Sarnevesht. "Paul's wealth of experience, coupled with Triller's extraordinary momentum, is sure to accelerate us forward into this next chapter of expansion, and we're lucky to have him on board."

An influential platform

  "I'm elated to be joining Triller at such a great time in the company's growth. The world now recognizes the influence that Triller holds, and brands and users are flocking to the platform," said Kahn.

  Reuters reported that Kahn's arrival coincides with rumours that Triller is holding SPAC discussions. A SPAC is a shell company that raises money in an initial public offering (IPO) to merge with a privately held company which then becomes publicly traded as a result.  

  Thriller claims to have 65 million users worldwide, a far cry from the 800 million monthly active users of TikTok, owned by China's conglomerate ByteDance.

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