Sports streaming technology company Deltatre has announced that Ron Downey, president of the company’s over-the-top division, is to step down, triggering a string of senior leadership changes.
Downey was previously chief executive and co-founder of UK-based OTT specialist Massive, which was acquired by Deltatre in November 2018. He will leave his current role at the end of May, though he will retain his place on the Deltatre board and continue working with the company as a strategic advisory.
In a statement, Downey described the move as “the next logical step in the evolution of Deltatre post-merger with Massive.”
Gilles Mas, current president of Deltatre’s Live division having spent seven years with the company to date, will replace Downey from the beginning of June. Mas’ responsibilities at the Live division, meanwhile, will be taken over by Tony Page, who will combine those duties with his current role as president of Deltatre’s digital division.
Deltatre chief executive and co-founder Giampiero Rinaudo said: “The fact that this integration happened so positively and so quickly is a testament to Deltatre’s strong management team and the similarity of Deltatre’s and Massive’s cultures.
“This smooth senior management transition demonstrates the solidity of the group and our ability to constantly manage change and achieve growth, even during COVID-19 with more than 1000 people working from home.”
Deltatre has been highly active in the first half of this year. In March, it announced the dual hiring of World Wrestling Entertainment’s Adam Bigwood and former Perform executive Adam Bowley to its commercial team, and a month later moved to appoint Tokyo-based Brent Mori as commercial director in the Asia-Pacific region.
Last month, Bruin Sports Capital, the private equity firm founded by former IMG and Nascar executive George Pyne which bought a 75-per-cent stake in Deltatre in 2016, ended its efforts to sell the company. Bruin had been targeting a a sale price of over $1bn (€910m) at the end of last year but changed its strategic approach in light of the uncertainty caused by the Covid-19 pandemic.