Genius Sports is a sports data and technology supplier that provides data management, video streaming and integrity services to bookmakers and sports leagues.
Kay will be appointed as the Independent Director of the Board. He will also take the role of chair of the Audit Committee, where he will succeed Harry You. You will go on to serve as a member of the Board’s Nominating and Corporate Governance Committee.
Kay has over 30 years of experience as Chief Financial Officer (CFO) for numerous global and Fortune 500 companies.
Most recently, Kay has served as CFO for MGM Holdings, as well as being on the Audit Committee and Chair of Compensation Committee for Summit Hotel Properties.
Kay commented: “This is an exhilarating time to join Genius Sports as it continues to transform the way the world experiences sport.
"I look forward to working closely with the board as the company enters the next phase of its journey as a global leader in sports data and technology.”
Michael Messara will be appointed as an independent observer of the Board. He is the Co-Chief Investment Officer at Caledonia, a long-term shareholder in Genius.
He worked as an analyst in equity research at UBS AG before joining Caledonia in 2006. Messara also holds a position as a Non-Executive Director at Arrowfield Pastoral Company.
Messara commented: “Since Caledonia first invested in Genius Sports, we have shared a strong commitment to continue building on Genius’s many successes and increasing shareholder value.
"With this new appointment, we look forward to deepening our relationship with the board, Mark and the whole Genius Sports team.”