Peter Chernin and Barry McCarthy Join Pandora's Board of Directors

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Feb 03, 2011, 09:00 ET

OAKLAND, Calif., Feb. 3, 2011 /PRNewswire/ -- Pandora, the popular internet radio service, today announced that Peter Chernin, founder of The Chernin Group and Chernin Entertainment, and Barry McCarthy, former Chief Financial Officer of Netflix®Inc., were elected to Pandora's Board of Directors, effective immediately.

"We are very fortunate to have two such outstanding additions to Pandora," stated Founder and Chief Strategy Officer Tim Westergren. "Peter brings an extraordinary track record of leadership at some of the world's most successful global media companies. His diverse talent and deep experience will be invaluable as we seek to accelerate our growth. Additionally, Barry's decade-plus tenure as chief financial officer at a truly great consumer services company will be a tremendous resource for us. As longtime admirers of Netflix, we are delighted to have him on our team."

Peter Chernin is the founder of The Chernin Group and Chernin Entertainment. The Chernin Group manages, operates and invests in businesses in the media, entertainment and technology sectors. Chernin Entertainment produces feature films and television programs. Chernin previously served as President and Chief Operating Officer of News Corporation, and Chairman and Chief Executive Officer of the Fox Group. He holds a B.A. in English literature from the University of California, Berkeley.

Barry McCarthy served as Chief Financial Officer of Netflix for nearly 12 years before stepping down in December of last year. Prior to Netflix, McCarthy held roles at Music Choice, Credit Suisse First Boston and Booz Allen Hamilton. He holds an M.B.A. from The Wharton School of Business at the University of Pennsylvania and a B.A. in history from Williams College.

ABOUT PANDORA

Pandora gives people music they love anytime, anywhere, through connected devices. Personalized stations launch instantly with the input of a single "seed" – a favorite artist, song or genre. The Music Genome Project®, a deeply detailed hand-built musical taxonomy, powers the personalization of Pandora® internet radio by using musicological "DNA" and constant listener feedback to craft personalized stations from a growing collection of hundreds of thousands of recordings. Tens of millions of people in the U.S. turn on Pandora to hear music they love. www.pandora.com

SOURCE Pandora