New CEO and chairman at Shazam

Suzie Neuwirth

TECH company Shazam today announced Rich Riley as its new chief executive and Andrew Fisher as executive chairman.

The announcement of new executive hires comes as the US-founded company looks to float and grow the company further.

Shazam now has more than 300 million users in over 200 countries worldwide.

“I look forward to extending our dominance in media engagement, from our roots in music to our leadership position in second-screen TV and want to ensure that Shazam is the company that helps people recognize and engage with the world around them,” said Riley.

“I couldn’t be more pleased to welcome Rich Riley as Shazam’s new chief executive officer,” said Fisher. “Rich brings a tremendous amount of experience both as an internet executive where he has rapidly scaled global businesses, to establishing strategic relationships with advertisers and partners, as well as his entrepreneurial approach and skills.

“Whilst Rich will run our business I will now spend more time focusing on our corporate development and future strategy including our ambitions to deliver a successful IPO for our shareholders as we look to become an increasingly important part of people’s everyday lives, helping them engage with content and brands in the most efficient way possible.”