Tremor Hires Former Coke Exec As VP Marketing
Beginning Jan. 5, Steele will direct Tremor's marketing initiatives from its New York headquarters. Reporting to Tremor's chief revenue officer Randy Kilgore, Steele will be expected to better differentiate the company from its myriad rivals, and establish closer ties with publishers, agencies and marketers.
"Tremor has the proprietary targeting technology, the niche content partners, and more recently, the branded content syndication to set itself apart," Steele said. "The goal is to carve out a unique position for Tremor, and to develop relationships on those terms."
What attracted Steele to Tremor, she said, was a solid industry reputation, along with the promise of online video to further impact the world of media and marketing.
"During my time at Coca-Cola and as a consultant, I really saw online video as an area for growth," Steele said. "It's still hugely underleveraged in the industry, which presents lots of opportunities."
Since leaving Coca-Cola 12 months ago, Steele has headed up a Los Angeles-based consulting firm where she was able to work hands-on with various emerging media companies.
Blue-chip marketers including Dell, Circuit City and American Express typically use Tremor to adapt their television spots for the Web.
According to comScore's Video Metrix, Tremor has the fifth-largest online video inventory behind YouTube, MySpace, Yahoo and MSN. On a monthly basis, the company's network now accounts for about 135 million unique views.
Steele--who was with Coca-Cola for over three years--eventually led online-marketing efforts for all of its U.S. brands, including Coke, Diet Coke and Coke Zero.
Tremor was not a client, according to Steele, but she did recommend the company's services to a number of clients.
To date, Tremor has raised close to $20 million from Canaan Partners and Masthead Venture Partners, among other investors.