Ascent Capital Group announces appointment of Fred Graffam as Chief Financial Officer

  • Jul 18, 2017

Ascent Capital Group Inc. (“Ascent” or the “Company”) (Nasdaq: ASCMA) announced today the appointment of Fred Graffam as Senior Vice President and Chief Financial Officer of Ascent and its wholly owned subsidiary, MONI, succeeding Michael Meyers, the Company’s current CFO, who announced his retirement in January 2017. The transition of CFO responsibilities from Mr. Meyers to Mr. Graffam will be effective on, or around September 1, 2017.

“We are excited to welcome Fred to the Ascent executive team,” said Bill Fitzgerald, Chairman and Chief Executive Officer of Ascent. “Fred’s skillset fits well within the existing finance organization and his broad range of experiences with recurring revenue businesses will serve our leadership team and business very well.”

With over 25 years of financial management and accounting experience, Mr. Graffam currently serves as Senior Vice President of Finance for DigitalGlobe, Inc. During his tenure with DigitalGlobe, Mr. Graffam has served in various capacities including leading the financial planning and analysis, investor relations and M&A functions.  Prior to DigitalGlobe, Mr. Graffam served as Senior Vice President of Finance – North America and Asia Pacific for Level 3 Communications from 2012 to 2013. Before Level 3, he spent 17 years with Comcast Corporation, serving as Senior Vice President of Comcast’s DC and Baltimore Region and as Senior Vice President-Finance, West Division during his tenure. He began his career in public accounting with Deloitte Touche.

“Fred is an excellent addition to the MONI senior leadership team, bringing strong financial and public company experience and a background in the technology and telecom industries,” said Jeff Gardner, President and CEO of MONI Smart Security. “His capabilities in accounting, financial planning and analysis, and M&A will greatly benefit the business. Most importantly, Fred will be charged with accelerating our transformation and driving improvement in our key performance indicators.” 

Mr. Graffam commented, “I am delighted to be joining the Ascent and MONI executive teams. I see a great opportunity to continue building on the Company’s success as a leading smart home security solutions provider, bringing security and innovation to customers, and creating value for our shareholders.”



Featured

  • The Future is Happening Outside the Cloud

    For years, the cloud has captivated the physical security industry. And for good reason. Remote access, elastic scalability and simplified maintenance reshaped how we think about deploying and managing systems. But as the number of cameras grows and resolutions push from HD to 4K and beyond, the cloud’s limits are becoming unavoidable. Bandwidth bottlenecks. Latency lags. Rising storage costs. These are not abstract concerns. Read Now

  • The Impact of Convergence Between IT and Physical Security

    For years, the worlds of physical security and information technology (IT) remained separate. While they shared common goals and interests, they often worked in silos. Read Now

  • Unlocking Trustworthy AI: Building Transparency in Security Governance

    In situations where AI supports important security tasks like leading investigations and detecting threats and anomalies, transparency is essential. When an incident occurs, investigators must trace the logic behind each automated response to confirm its validity or spot errors. Demanding interpretable AI turns opaque “black boxes” into accountable partners that enhance, rather than compromise, organizational defense. Read Now

  • Seeking Innovative Solutions

    Denial, Anger, Bargaining, Depression and Acceptance. You may recognize these terms as the “5 Phases” of a grieving process, but they could easily describe the phases one goes through before adopting any new or emerging innovation or technology, especially in a highly risk-averse industry like security. However, the desire for convenience in all aspects of modern life is finally beginning to turn the tide from old school hardware as the go-to towards more user-friendly, yet still secure, door solutions. Read Now

  • Where AI Meets Human Judgment

    Artificial intelligence is everywhere these days. It is driving business growth, shaping consumer experiences, and showing up in places most of us never imagined just a few years ago. Read Now

Most   Popular

New Products

  • Compact IP Video Intercom

    Viking’s X-205 Series of intercoms provide HD IP video and two-way voice communication - all wrapped up in an attractive compact chassis.

  • EasyGate SPT and SPD

    EasyGate SPT SPD

    Security solutions do not have to be ordinary, let alone unattractive. Having renewed their best-selling speed gates, Cominfo has once again demonstrated their Art of Security philosophy in practice — and confirmed their position as an industry-leading manufacturers of premium speed gates and turnstiles.

  • PE80 Series

    PE80 Series by SARGENT / ED4000/PED5000 Series by Corbin Russwin

    ASSA ABLOY, a global leader in access solutions, has announced the launch of two next generation exit devices from long-standing leaders in the premium exit device market: the PE80 Series by SARGENT and the PED4000/PED5000 Series by Corbin Russwin. These new exit devices boast industry-first features that are specifically designed to provide enhanced safety, security and convenience, setting new standards for exit solutions. The SARGENT PE80 and Corbin Russwin PED4000/PED5000 Series exit devices are engineered to meet the ever-evolving needs of modern buildings. Featuring the high strength, security and durability that ASSA ABLOY is known for, the new exit devices deliver several innovative, industry-first features in addition to elegant design finishes for every opening.