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

  • UL Solutions Launches Artificial Intelligence Safety Certification Services

    UL Solutions Inc., a global leader in safety science, today announced the launch of artificial intelligence (AI) safety certification services, enabling comprehensive assessments for evaluating the safety of AI-powered products. Read Now

  • ESA Announces Initiative to Introduce the SECURE Act in State Legislatures

    The Electronic Security Association (ESA), the national voice for the electronic security and life safety industry, has announced plans to introduce the SECURE Act in state legislatures across the country beginning in 2025. The proposal, known as Safeguarding Election Candidates Using Reasonable Expenditures, provides a clear framework that allows candidates and elected officials to use campaign funds for professional security services. Read Now

    • Guard Services

  • Ransomware Attacks Rise for the First Time in Six Months

    Ransomware attacks have risen for the first time in six months, increasing by 28% month-on-month to 421 attacks. While overall attack volume remained below 500, the uptick may signal a renewed escalation heading into the year’s most active period for cyber criminals. Read Now

  • Report: 47 Percent of Security Service Providers Are Not Yet Using AI or Automation Tools

    Trackforce, a provider of security workforce management platforms, today announced the launch of its 2025 Physical Security Operations Benchmark Report, an industry-first study that benchmarks both private security service providers and corporate security teams side by side. Based on a survey of over 300 security professionals across the globe, the report provides a comprehensive look at the state of physical security operations. Read Now

    • Guard Services

  • Identity Governance at the Crossroads of Complexity and Scale

    Modern enterprises are grappling with an increasing number of identities, both human and machine, across an ever-growing number of systems. They must also deal with increased operational demands, including faster onboarding, more scalable models, and tighter security enforcement. Navigating these ever-growing challenges with speed and accuracy requires a new approach to identity governance that is built for the future enterprise. Read Now

Most   Popular

New Products

  • 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.

  • Camden CM-221 Series Switches

    Camden CM-221 Series Switches

    Camden Door Controls is pleased to announce that, in response to soaring customer demand, it has expanded its range of ValueWave™ no-touch switches to include a narrow (slimline) version with manual override. This override button is designed to provide additional assurance that the request to exit switch will open a door, even if the no-touch sensor fails to operate. This new slimline switch also features a heavy gauge stainless steel faceplate, a red/green illuminated light ring, and is IP65 rated, making it ideal for indoor or outdoor use as part of an automatic door or access control system. ValueWave™ no-touch switches are designed for easy installation and trouble-free service in high traffic applications. In addition to this narrow version, the CM-221 & CM-222 Series switches are available in a range of other models with single and double gang heavy-gauge stainless steel faceplates and include illuminated light rings.

  • A8V MIND

    A8V MIND

    Hexagon’s Geosystems presents a portable version of its Accur8vision detection system. A rugged all-in-one solution, the A8V MIND (Mobile Intrusion Detection) is designed to provide flexible protection of critical outdoor infrastructure and objects. Hexagon’s Accur8vision is a volumetric detection system that employs LiDAR technology to safeguard entire areas. Whenever it detects movement in a specified zone, it automatically differentiates a threat from a nonthreat, and immediately notifies security staff if necessary. Person detection is carried out within a radius of 80 meters from this device. Connected remotely via a portable computer device, it enables remote surveillance and does not depend on security staff patrolling the area.