By Claire West

LONDON - Adconion Media Group today announced the appointment of Patrick Meininger as its Chief Financial Officer. In this newly created role, Meininger will oversee Adconion’s finance, legal and corporate development groups effective immediately. He will continue to report directly to Tyler Moebius, CEO of Adconion.

“Patrick brings strategic thinking balanced with strong financial and operational experience to this new role,” said Moebius. “He has been, and will continue to be instrumental in building a solid organizational infrastructure within our company as we prepare for future growth.”

“I am very excited about this new responsibility which builds upon my previous role as Chief Strategy Officer,” said Meininger. “Adconion is uniquely positioned in the Online Advertising market and I welcome the opportunity to accompany the future development of the company.”

Having been with the company for almost four years, Meininger has served in several strategic and operational roles as Chief Strategy Officer, General Manager Platform Services and VP Corporate Development. Prior to Adconion, he has held executive positions including VP Strategy and Planning at T-Systems (Deutsche Telekom) and Principal at Wellington Partners, one of Europe’s leading venture capital groups.