Former Golden State Warriors CFO Joins Sabio Holdings Board of Directors

Sabio Holdings Inc. (TSXV: SBIO), the media and technology company that oversees CTV platforms AppScience® and Sabio, today announced Jennifer Cabalquinto has joined its Board of Directors, effective immediately. A 25-year industry veteran, Jennifer is currently the CFO of 2K, and previously served as the CFO and Special Advisor of the Golden State Warriors.

“We are thrilled to have Jennifer’s acumen and experience to help guide the financial future of Sabio Holdings, and our brands Sabio and AppScience,”  said Aziz Rahimtoola, CEO and cofounder of Sabio. “Our company is very diverse in nature and our Board of Directors, which is now more than 40% female, is as well. We look forward to Jennifer helping to drive the future strategy and expansion of our growing brands across North America.” 

As a senior finance executive, Jennifer has a strong track record of maximizing enterprise value by optimizing financial operations. She is known for implementing and continually improving processes, controls and strategies to provide a solid financial foundation on which companies can grow. Her 25+ year career has steered the corporate finance function within startups, and rapidly expanding environments spanning the sports and entertainment industries.

“As someone who has had first-hand experience with how fragmented the media and entertainment space is, I was impressed by how Sabio and AppScience’s solutions use cross screen media and analytics to improve advertiser and brand performance,” said Jennifer. “I look forward to utilizing my finance background, alongside my fellow Board members, in guiding Sabio’s results-driven approach to help marketers everywhere.”

Jennifer joins Paula Madison, a 22-year veteran of NBCUniversal where she held a number of leadership roles, including EVP for Diversity as well as a VP of the General Electric Company (GE), then parent company of NBCU. Existing board members Carl Farrell, who touts 30 years of global management expertise guiding large and small organizations through growth and transformation, and Muizz Kheraj, who has more than two decades of experience in technology supporting the capital market needs of middle-market entrepreneurs, will work in tandem with the new team member additions.

The organization recently announced going public on the TSX Venture Exchange last November via a Reverse Takeover (RTO) with Spirit Banner II Capital Corp. Sabio achieved 112% revenue growth and record revenues in Q3 2022, driven by a 7x increase in CTV Revenues and 38% increase in Mobile.