Catena Media Appoints Yasmin Carles as VP of Product Amidst Restructuring

Catena Media has designated Yasmin Carles as their latest VP of Product. Carles possesses extensive expertise in the field, having dedicated over ten years to product management.

This selection aligns with Catena Media’s shift towards a product-centric framework and forms part of a wider initiative to reinforce the company’s primary leadership group. This reorganization follows Catena Media’s Q1 2024 financial report, which revealed a 49% year-on-year revenue drop. The report, deemed “underwhelming” by interim CEO Peter Cadner, emphasized considerable challenges within the North American sports wagering sector.

These difficulties, attributed to heightened rivalry and diminished marketing expenditures from operators, come after similarly unsatisfactory Q4 2023 outcomes. Consequently, Catena Media has been actively pursuing fresh leadership, including the recent additions of CEO Manuel Stan and CFO Michael Grou.

Carles’s professional journey commenced in 2012 as a Website Product Manager at QuinStreet. Following a two-year tenure, she moved to Searchmetrics as a Senior Product Manager, subsequently assuming the role of Head of Product at MarketMuse in 2018. Before joining Catena Media, Carles held the position of Senior Director of Product Management at CafeMedia.

Following her tenure at TMZ, where she spearheaded digital product evolution and planning, Yasmin Charles assumed a position at Catena, which she maintains presently.

In 2022, she achieved another milestone by co-establishing SYNQ, where she currently directs product and technological aspects.

Pierre Cadena, serving as CEO, expresses enthusiasm about Yasmin’s integration into the team. He emphasized her exceptional history of crafting remarkable products and believes her proficiency, guidance, and ambition will be crucial as Catena Media transitions towards a product-centric operational framework.

This revised framework prioritizes their most prosperous products and aspires to deliver an outstanding user encounter, laying the groundwork for enduring, extended expansion. Yasmin’s objective? To spearhead the metamorphosis and advancement of Catena Media’s impressive collection of resources and trademarks, ensuring they attain their maximum capacity.

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By Joseph "Jester" Adams

This talented writer holds a Master's degree in Mathematics and a Bachelor's in Economics. They have a strong foundation in game theory, microeconomics, and econometrics, which they apply to the study of strategic interactions and decision-making in casino settings. Their articles and news pieces provide readers with a unique perspective on the economic forces shaping the gambling industry and the strategies used by casinos to maintain competitiveness. They are passionate about educating readers on the importance of rational decision-making and responsible gambling practices.

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