Digital Veteran and Former NBC Universal and Viacom Executive to Focus on Growth of New Multi-platform Branded property
SANTA MONICA, Calif., Feb 16, 2011 (BUSINESS WIRE) -- Demand Media, Inc. (NYSE: DMD), a leading content and social media company, has appointed Lisa Kraynak to serve as General Manager, SVP of typeF.com, the new fashion and beauty media property created in a partnership between Demand Media and Bankable Enterprises, Inc., Tyra Banks' company focused on beauty and entertainment. In this position, Kraynak will be responsible for leading the launch, operation and ongoing development of the new digital platform to achieve market leadership.
"Lisa's unique blend of experience in large scale branded media and digital platforms, coupled with her ability to create and execute innovative programming and marketing will make her a vibrant leader for our newest brand," said Larry Fitzgibbon, Demand Media's EVP, Media and Operations. "Lisa has demonstrated her vision and expertise at every turn of her career and we are confident that she will grow our new fashion and beauty brand into a leading destination."
Kraynak will provide strategic and operational leadership while managing the digital platform's team as well as collaborating with Tyra Banks and Bankable Enterprises, Inc. "This is an incredibly exciting opportunity to create a dynamic new branded consumer experience through innovative content, social media and the inspiration of a powerful celebrity voice," said Kraynak. "The new fashion and beauty capital of the world is now the Internet. With Demand Media and Bankable, we are working to build a destination that enables every woman to create and celebrate her own personal style."
Most recently, Kraynak served as Senior Vice President of Digital Media for NBC Universal where she helped lead the company's digital media strategy across the entire portfolio of NBC and Universal properties. Previously, Kraynak served as Vice President of Marketing at Viacom where she spearheaded the development of industry-leading, integrated marketing platforms. Kraynak has also held key executive positions for the City of New York, Intuit and iVillage.com, where she served on the founding team.
About Bankable
Bankable was established in 2003 by cultural icon and entrepreneur, Chairwoman & CEO Tyra Banks. Headquartered in New York City with production offices in Los Angeles, Bankable's operating units include Bankable Digital, Bankable Productions, and Bankable Books. Banks also founded the TZONE Foundation that empowers and seeks to raise the self-esteem of young women across the U.S.
About Demand Media
Demand Media, Inc. (NYSE: DMD) is a leading content and social media company. Through its owned and operated web properties reaching more than 100 million monthly visitors, global network of digital partners, and innovative content studio, Demand Media publishes what the world wants to know and share. Founded in 2006, Demand Media is headquartered in Santa Monica, CA with offices in Bellevue, WA, Austin, TX, Chicago, IL, New York, NY and London, UK. For more information about Demand Media visit www.demandmedia.com/undefined.
Demand Media and typeF.com are trademarks or registered trademarks of Demand Media, Inc. in the United States and/or other countries.All other trademarks may be trademarks of their respective owners.
© 2011 Demand Media, Inc. All rights reserved.
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SOURCE: Demand Media, Inc.
Demand Media
Robyn Kures, 310-656-6336
Robyn.Kures@demandmedia.com
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Ashley Cyburt, 212-730-4825
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