Owners

Jay Penske, Daniel S Loeb & Chad Hurley

Jay Penske

Jay Penske is the Chairman and CEO of PMC. Under his leadership, PMC has been named one of the Top 100 Private Companies in the United States. With the preeminence of its brands, which now reach more than 140 million people each month, PMC is one of the largest digital media companies in the world. Since its founding ten years ago, PMC successfully created, built, and sold the 5th largest portal (Mail.com) to United Internet, and today operates and publishes over 20 leading content websites including India.com, a digital joint venture in India with ZEEtv, India’s largest media business. Additionally, Jay owns and operates Dragon Racing, a global racing team that participates in the Formula-E racing series (www.dragonracing.com). Previously he was the Co-Founder and Chairman of Firefly Mobile Inc., and owns an antiquarian bookstore in Los Angeles (www.dragonbooks.com).

Jay is a graduate of The Wharton School of Business at the University of Pennsylvania, with concentrations in Finance, Management, and Information Systems, and was formerly on the board of the Wharton Entrepreneurial School. Jay currently sits on the Board of the following companies: PMC, India.com, Penske Business Media (PBM), and Dragon Racing, LLC.

Jay Penske

Daniel S. Loeb

Daniel Loeb founded Third Point LLC, a $17 billion asset management firm headquartered in New York, in 1995. He leads portfolio management, risk management and research activities. Before founding Third Point, Daniel Loeb worked on both the buy and the sell sides for over a decade, gaining dedicated experience in distressed debt, high-yield bond sales, risk arbitrage and private investments. Immediately before starting Third Point, he was Vice-President of high-yield bond sales at Citigroup.

Previously, Daniel Loeb was a Senior Vice-President in the distressed debt department at Jefferies & Co., where he worked as a bankruptcy analyst, bank loan trader and distressed securities salesman. Before Jefferies, Daniel was a risk arbitrage Analyst at Lafer Equity Investors. He began his career as an Associate in private equity at Warburg Pincus.

Dan Loeb is a Trustee of the United States Olympic Committee, the Museum of Contemporary Art in Los Angeles, Students First New York, and Mt Sinai Hospital, where he established the Ronald M. Loeb Center for the study of Alzheimer’s Disease in memory of his late father. He is a Member of the Council on Foreign Relations. Daniel Loeb is also the Chairman of the Board of Success Academies Charter Schools. Dan Loeb launched and has funded the Human Rights Campaign’s initiative to protect LGBT rights globally in the face of increasing discrimination. Daniel Loeb graduated from Columbia University with an A.B. in economics in 1983. He has endowed the Daniel S. Loeb Scholarship for undergraduate study there and received Columbia’s John Jay Award for distinguished professional achievement.

Chad Hurley

Internet entrepreneur Chad Hurley is from Pennsylvania. Hurley attended Indiana University of Pennsylva- nia, where he received his bachelor’s degree in fine art. After graduating, he joined eBay’s PayPal division, primarily focusing on user interface. It was there that he met Steve Chen, with whom he founded YouTube. com, a video-sharing website, in 2005. Chad is the co-founder and CEO of the video-sharing website YouTube.com. YouTube quickly became one of the web’s fastest-growing sites, and was ranked as the 10th most popular website just a year after its launch. There are reportedly 100 million clips viewed daily on YouTube, with an additional 65,000 new videos uploaded every 24 hours.

Hurley briefly served as YouTube’s CEO; not long after the company was founded, in 2006, he and Chen sold YouTube to Google, Inc. for $1.65 billion in stock. That same year, Hurley was ranked No. 28 on Business magazine’s “50 People Who Matter” list.