Adam Townsend serves as Executive Vice President and Chief Financial Officer, Showtime Networks Inc. (SNI). He joined Showtime Networks in October 2018. Townsend is responsible for all financial matters relating to Showtime Networks’ businesses, including oversight of the finance and strategy areas for the network’s divisions, which encompasses budgeting, planning, forecasting and accounting of all the business segments within SNI. Townsend also serves as one of SNI’s primary liaisons to the CBS Corporation.
Previously he served as Executive Vice President, Investor Relations for CBS Corporation since July 2008. He was responsible for overseeing the Company’s daily outreach to the investment community and analyzing the Company’s competitive positioning.Townsend also created and led the Company's investor communication strategy for the IPO of its Outdoor business and the recent split-off of CBS Radio through a transaction with Entercom. In January 2016, he was promoted to Executive Vice President, Corporate Finance and Investor Relations, CBS Corporation, which expanded his responsibilities to include oversight of the Company’s Treasury functions. He also served as a member of the Investment Committee for CBS Defined Contribution Plans.
Townsend has received professional recognition for excellence in investor relations from various industry publications. He has been voted No. 1 Media Investor Relations Officer by sellside analysts in Institutional Investors Magazine’s Annual All-American Executive Team survey for seven consecutive years (2012-2018), and received the Overall Best Media IR Professional ranking in 2017 and 2018.Prior to CBS, he also received IR Magazine’s 2004 award for Most Improved IR Program across all industries.
Before joining CBS, Townsend served as Managing Director of Investor Relations and Corporate Strategy for the E*TRADE Financial Corporation, which included working with its CEO on identifying global expansion opportunities, providing quarterly presentations to its board of directors on the company’s competitive positioning, public/investor perception, stock valuation and analyst research coverage. He also served as E*TRADE’s primary investor contact through more than $5 billion in capital markets transactions over four years.
Townsend was a Vice President in Equity Research at Hambrecht & Quist and JP Morgan from 1999-2002 in the firm’s Financial Institutions Group, where he was responsible for primary research coverage of publicly traded companies in the online trading and investing technology sector. Prior to JP Morgan, Townsend held various positions at Franklin Templeton Investments in the areas of equity research, marketing research and broker service operations.
Townsend earned his Bachelor of Science degree from the University of California, Los Angeles. He has been a member of the Investor Relations Association (IRA) where he served on the Executive Board from 2009-2013 and as Treasurer from 2010-2013. He has also been a panel member and keynote speaker at various National Investor Relations Institute (NIRI) programs.
He currently serves on the National Board of Directors for The Posse Foundation, a non-profit education and youth leadership organization promoting diversity and college access.
Townsend and his wife, Elizabeth, live in Santa Monica, with their daughter and son.
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