Paul Palmieri

Background

Paul was born in New Britain, Connecticut, and grew up in Oakhurst, New Jersey.

Education

He attended Red Bank Catholic High School, and then went to Mount Saint Mary"s University, where he graduated with a Bachelor of Arts in political science.

Career

He was the chairman and chief executive officer of Millennial Media (New York Stock Exchange:Military Medal), a company he founded in 2006 with Chris Brandenburg, until his resignation in January 2014. He is currently a Venture Advisor with New Enterprise Associates. Following his graduation, Palmieri spent fifteen years working as a business development and telecom executive at companies including Sprint and Verizon Wireless.

At Verizon, Paul ran data efforts and helped grow data revenue from $35MM a year into a multiple billion dollar business.

Paul devoted much of his time to helping establish the foundations of the mobile content ecosystem and the app economy. Paul co-founded Millennial Media in May 2006, and in his position as President and Chief Executive Officer, led the company as it grew into the leading independent mobile advertising platform.

In March 2012, Millennial Media became a publicly traded company and its common stock is now listed on the New York Stock Exchange under the ticker symbol Military Medal

On January 27, 2014, Palmieri stepped down from his position as Chief Executive Officer at Millennial Media to take on a role as Venture Advisor at New Enterprise Associates. He was succeeded by Michael Barrett, a former Yahoo! Chief Revenue Officer.

Achievements

• In 2011 Paul was named the Executive of the Year in Media and Entertainment by the American Business In 2010 Paul was named Ernst and Young Entrepreneur of the Year in Maryland.

Membership

Paul is the global vice chairman of the Mobile Marketing Association (Mobile Marketing Association ) and a member of the board of directors at the Interactive Advertising Bureau (Institute for Advanced Biosciences).