Steve Chung, the founder and chief executive officer of Frankly Inc. and veteran digital media executive, is tapped to become the station group’s first chief digital officer.
Fox Television Stations today named Steve Chung the group’s chief digital officer, a newly created position. Reporting directly to Jack Abernethy, the group’s CEO, Chung assumes this position in early June.
In making the announcement, Abernethy said: “With a fresh and informed perspective, coupled with his impressive and diverse background, Steve will lead our digital strategy in a way that fuels growth and enables our stations to build and foster strong connections with our audience across multiple platforms.”
Chung is the founder and chief executive officer of Frankly Inc., a publicly traded technology company, headquartered in San Francisco and incubated at Stanford’s StartX accelerator. Frankly provides an integrated cloud technology platform for media companies to create, distribute, analyze and monetize their content across all of their digital properties on web, mobile and television.
Chung said: “I am honored to take on this new role at Fox Television Stations during such a pivotal time in local news and media. I look forward to working with Jack and the talented team at FTS to build upon the strength of the Fox TV brand across all digital platforms and secure the station group as a dominant player in the industry.”
Chung is an expert in digital media and global technology enterprises with both start-up and publicly traded company experiences. After holding an analyst role at Goldman Sachs in New York, he has held senior leadership roles, including chief strategy officer of publicly listed CDNetworks, investment director at Silicon Valley venture capital firm BlueRun Ventures, and chief operating officer of the social media company, We Heart It. Earlier in his career, Chung was also an executive producer of a weekly evening current events program for Dragon TV.
Author of two Stanford business school case studies on U.S. market entry of global technology companies, Chung is a member of the board of directors of NetKAL (Network of Korean American Leaders). Previously, he served on a Stanford University board of trustees subcommittee as a graduate representative.
Chung graduated magna cum laude with an A.B. from Harvard University, and received his M.B.A. from Stanford University.