Singapore – Media company Verizon Media has recently announced the promotion of Paul Sigaloff, former managing director of ANZ, to now assume the role of vice president of Verizon Media ANZ and INSEA.
Sigaloff brings with him over 10 years of experience in the media industry across the United Kingdom and Australia. He joined the company as the commercial director in 2014, and thereafter, worked as the managing director in 2018, where he led Verizon Media’s portfolio of dynamic digital media and technology brands including Yahoo across ANZ.
In his new role, Sigaloff will be responsible for leading the media company’s teams in Australia, New Zealand, and India, as well as the whole Southeast Asia region. The current sales team headed by Carol Tay, the senior director of sales of Verizon Media SEA, will now report to Sigaloff.
According to the company, the promotion is recognition for Sigaloff’s leadership during a record year of growth for Verizon Media ANZ. In 2020 Monthly Active Users (MAUs) across Yahoo’s editorial brands grew 11%, with double-digit revenue growth despite the headwinds in the wider market.
Furthermore, the company said that Sigaloff’s leadership philosophy and success in ANZ is grounded on the principles of media and advertising acting as forces for good in the world. This approach has leveraged product developments including greater privacy controls for users, and internally through a phenomenal corporate social responsibility program which saw the company donate more than AU$1M in time and value to charitable causes in 2020.
Commenting on his promotion, Sigaloff said that he is fortunate to be building on strong foundations in Singapore with the SEA region being a vibrant and important market for Verizon Media.
“My priority is to take the time to learn from the successful initiatives in those markets and take a strategic approach to apply the most appropriate lessons from our ANZ success story to create meaningful impact here in South East Asia,” said Sigaloff.
Rico Chan, the head of sales of Verizon Media APAC, commented that Sigaloff deserves the promotion coming from an inspirational leadership in ANZ.
“I look forward to working with him going forward to replicate this success across Southeast Asia and India. Southeast Asia is an important market for our business and this new structure enables us to take full advantage of key growth areas in 5G, e-commerce, and responsible business within these regions,” said Chan.