You will be redirected back to your article in seconds

Greenebaum changes sites

CD Radio CFO ankles company for eCompanies

Andrew Greenebaum, chief financial officer of CD Radio, is ankling his position to become CFO of eCompanies, the Internet incubator launched by former Buena Vista Internet Group chairman Jake Winebaum and EarthLink founder Sky Dayton.

Greenebaum, who joined New York-based CD Radio in 1997, will leave the company at the end of the month. The company is searching for a replacement to Greenebaum, CEO David Margolese said.

During his tenure, Greenebaum helped attract $500 million in investments from Prime 66 Partners and Apollo Management, among others venture capitalists.

CD Radio is building a digital satellite radio system that will broadcast up to 100 channels of commercial-free music, news, sports and entertainment programming to cars for a monthly subscription fee of $9.95.

The company has inked a deal with Ford Motor Co. to install receivers in Ford cars beginning in next year.

Prior to joining CD Radio, Greenebaum was the head of the corporate finance group at Disney.

“I feel a great sense of accomplishment after two years at CD Radio, and believe the company has never been in a stronger position,” Greenebaum said. “It was a difficult decision, but this opportunity was too good to pass on.”

eCompanies, founded in June through backing by Disney and EarthLink, plans to help launch Internet startups similar to the way Idealab! helped jumpstart sites such as eToys and CitySearch.

More Biz

  • Aretha Franklin - American Soul Singer

    Aretha Franklin Funeral, Public Viewing Plans Announced

    Andrew Greenebaum, chief financial officer of CD Radio, is ankling his position to become CFO of eCompanies, the Internet incubator launched by former Buena Vista Internet Group chairman Jake Winebaum and EarthLink founder Sky Dayton. Greenebaum, who joined New York-based CD Radio in 1997, will leave the company at the end of the month. The […]

  • Stan Lee

    Judge Grants Restraining Order to Protect Stan Lee

    Andrew Greenebaum, chief financial officer of CD Radio, is ankling his position to become CFO of eCompanies, the Internet incubator launched by former Buena Vista Internet Group chairman Jake Winebaum and EarthLink founder Sky Dayton. Greenebaum, who joined New York-based CD Radio in 1997, will leave the company at the end of the month. The […]

  • Prince Rogers Nelson

    Prince Estate and Sony Release 23 Long-Unavailable Albums Digitally

    Andrew Greenebaum, chief financial officer of CD Radio, is ankling his position to become CFO of eCompanies, the Internet incubator launched by former Buena Vista Internet Group chairman Jake Winebaum and EarthLink founder Sky Dayton. Greenebaum, who joined New York-based CD Radio in 1997, will leave the company at the end of the month. The […]

  • Rosie O'Donnell, Frankie Shaw, David Nevins,

    Showtime Takes Boutique Approach Amid Intense Competition for Talent, Premium TV Viewers

    Andrew Greenebaum, chief financial officer of CD Radio, is ankling his position to become CFO of eCompanies, the Internet incubator launched by former Buena Vista Internet Group chairman Jake Winebaum and EarthLink founder Sky Dayton. Greenebaum, who joined New York-based CD Radio in 1997, will leave the company at the end of the month. The […]

  • Ryan Kavanaugh

    Relativity Media Sale to UltraV Holdings Approved by Bankruptcy Judge

    Andrew Greenebaum, chief financial officer of CD Radio, is ankling his position to become CFO of eCompanies, the Internet incubator launched by former Buena Vista Internet Group chairman Jake Winebaum and EarthLink founder Sky Dayton. Greenebaum, who joined New York-based CD Radio in 1997, will leave the company at the end of the month. The […]

  • Music Streaming Revenue placeholder

    Fraud Has Become the Latest Hurdle for Music Streaming

    Andrew Greenebaum, chief financial officer of CD Radio, is ankling his position to become CFO of eCompanies, the Internet incubator launched by former Buena Vista Internet Group chairman Jake Winebaum and EarthLink founder Sky Dayton. Greenebaum, who joined New York-based CD Radio in 1997, will leave the company at the end of the month. The […]

More From Our Brands

Access exclusive content