Former Yahoo! VP Kenneth Fuchs Named CEO at STATS LLC
Sports technology and data analytics provider STATS LLC made a big splash on Tuesday, naming Kenneth Fuchs as its new Chief Executive Officer. Fuchs was previously Global Vice President at Yahoo! Inc., which included overseeing Yahoo Sports.
Fuchs takes the helm at STATS from outgoing CEO Gary Walrath, who led STATS for 12 years.
“For 34 years STATS has been a pioneer in sports technology, data and content,” said Fuchs. “As technology and innovation continue to transform the experience of sports fans around the world at an ever increasing pace I am thrilled to join the STATS team and build upon STATS’ legacy of leadership as we enter this next chapter.”
At Yahoo!, Fuchs served in various product and media leadership roles including oversight of Yahoo Sports, Yahoo Finance, Yahoo Entertainment and strategic partnerships. His background in sports technology and digital media management is rather robust and under his watch Yahoo Sports’ fantasy sports platforms were among the industry standards. That’s naturally a good fit for STATS which develops a lot of its content around fantasy sports and analytics.
“We are excited to have Ken join STATS at this key juncture in its transformation,” said Martin Taylor, Operating Principal at Vista Equity Partners. “His proven track record negotiating industry-defining content partnerships, delivering successful new product experiences, and focusing on global digital media will ensure STATS is well positioned to deliver future-focused returns on its recent investments.”
Since Vista acquired STATS in mid-2014, STATS has made five strategic acquisitions including BSports, The Sports Network, TVTI, Automated Insights and Prozone.
“Gary has done an excellent job of leading STATS through an aggressive acquisition strategy over the past 12 months,” said Christian Sowul, Principal at Vista Equity Partners. “We want to thank Gary for building STATS into the global leader in sports information over the last 12 years. ”