11/27/2012Tapjoy® Announces Steve Wadsworth, former Disney Interactive Media Group President, as new President & CEO

SAN FRANCISCO, Calif. – November 27, 2012 – The Board of Directors of Tapjoy, Inc. (www.tapjoy.com), a leading mobile and advertising platform, today announced that Steve Wadsworth, the former president of Disney Interactive Media Group and a current Tapjoy Director, has been named President and CEO of the company. The Board also announced the resignation of Mihir Shah as President and CEO. The change is effective immediately.

Wadsworth has been an influential senior executive and leader in the Internet and interactive digital media industry since 1995. Wadsworth spent 17 years at The Walt Disney Company where he was a pioneer for the company’s digital media and technology business including more than 11 years as Disney’s chief Internet and digital media executive.

In his most recent role, Wadsworth served as president of Disney Interactive Media Group (DIMG), the interactive entertainment segment of The Walt Disney Company. During his tenure, Wadsworth led DIMG’s global creation and delivery of entertainment and lifestyle content across digital and interactive media platforms, including mobile devices, Internet, video game consoles, and social media platforms.

“Tapjoy sits in the epicenter of an incredibly exciting growth industry and is very well positioned to take advantage of future growth,” said Mark Leschly, Chairman, Tapjoy Board of Directors. “Tapjoy has scaled dramatically over the past two years, and we are very excited and fortunate to have someone with Steve’s management credentials and deep technology and entertainment industry expertise to lead Tapjoy through our next phase of growth. Steve has had a unique opportunity to work closely with our senior management team since joining the Board. He will ensure that this is a seamless transition for all of Tapjoy’s customers and employees as we continue to drive the growth and product innovation we are known for.

“The Board would also like to acknowledge Mihir’s contributions to the firm during his tenure as CEO and thank him for helping the company transition from its start-up phase to a market leading growth company,” continued Mr. Leschly.

“I’m extremely excited to be joining Tapjoy and the incredible team of talented, committed people who have built this dynamic company, and I’m thrilled to have the opportunity to lead Tapjoy through our next stage of growth,” said Mr. Wadsworth. “Tapjoy is a unique and compelling company whose innovation has created a robust model for mobile app discovery and monetization, serving the needs of publishers and advertisers. I’m honored to be part of the team, and I look forward to the opportunity.”

Before joining The Walt Disney Company in 1993, Wadsworth was a principal for the Windsor Park Group in Los Angeles, an investment, acquisition and consulting firm focused on the retail and consumer products industries.