Xumo hires Disney, T-Mobile veterans in pursuit of 2.5x revenue growth

Xumo wants to grow revenues 2.5-times year over year. (Xumo)

Xumo recently hired two veteran media and mobile executives in Bill Condon, who will serve as vice president of sales, and Aaron Drake, who will serve as vice president of mobile product.

Condon comes to Xumo from Disney where he spent more than six years in different roles, including senior director of ad solutions. He helped develop the digital sales strategy and ad solutions for ABC, Disney Digital Network, ESPN and FreeForm. Condon also previously worked for Tremor Video and Yahoo.

At Xumo he’ll be tasked with growing year-over year-revenues by 2.5 times by building out Xumo’s roster of advertisers and strategic partners across owned, operated and enterprise models.

Drake joins Xumo after spending more than 10 years at T-Mobile, where served as a product manager, engineer and principal for data monetization within the company’s corporate strategy group. He helped build first-party applications including T-Mobile Visual Voicemail, T-Mobile Video Calling and Visual Voicemail by Metro.

RELATED: How Xumo plans to hit its goal for users to spend much more time streaming

At Xumo, Drake will be charged with expanding enterprise services for mobile partners, and developing strategies that drive user adoption rates, engagement and technology-led integrations.

“Bill and Aaron are best-in-class industry veterans who add volumes of expertise to our executive team, continuing to position Xumo at the forefront of the free, ad-supported streaming TV market,” said Jiro Egawa, COO at Xumo, in a statement. “With their arrival, we are bolstering our leadership and resources around two key growth areas—sales and mobile. We’re thrilled to have them aboard.”

In April, Xumo CEO Colin Petrie-Norris said his company now has 5.5 million monthly users, and that it saw 300% year-over-year growth in revenue during the first quarter of 2019. Those figures are likely to rise if Xumo hits its goal of growing monthly total-time-streamed by four times over by the close of 2019.