Vizio Cites 'Pivot' to 'Complete Media Offering' in Tapping ex-Showtime Exec as CFO

Vizio hired Adam Townsend, ex-Showtime, as chief financial officer, part of the TV maker's pivot "from a sole focus on hardware to a new vision for a complete media offering," it said. (See also personals section.) CEO William Wang cited Townsend's financial operational experience with content, advertising and streaming-based businesses. Townsend said Vizio will capitalize on the shift toward digital video consumption through hardware, software and data analytics.