Genesis Networks Appoints Richard Grant CFO

NEW YORK - Genesis Networks, backed by Masthead Venture Partners and Longworth Venture Partners, operates one of the world's most advanced video transport networks, providing service from more than 70 cities across five continents. The firm offers high-quality, customized global video transmission services to broadcasters, cable networks, production companies, and corporations via the company's next-generation, IP-based fiber and satellite video network.

As the new CFO at Genesis Networks, Richard Grant brings a strong background in accounting, operations, and telecommunications. Grant joins the firm from Deltathree, where he held the role of Chief Financial Officer and Treasurer. Grant started his career in management positions in the Audit and Transaction Groups at KPMG LLP and Arthur Andersen LLP. Moving to a senior role in Marotta, Gund, Budd & Dzera, he worked in the firm's investment evaluation and business restructuring practices. Grant then leveraged his cumulative experience as co-founder and CFO of T2N Communications, a distressed technology integrator that he purchased, grew and successfully sold. Mr. Grant holds a Bachelors degree in Business Administration from Adelphi University and is a Certified Public Accountant.

Bank Street Consulting Group is a management placement and consulting firm that helps early-stage to mid-cap companies accelerate growth and build world-class teams. The firm's placement practice provides the meticulous, in-depth candidate sourcing and screening of the top retained placement firms, but at price points more in-line with today's economy. The firm is run by a seasoned team of former C-level executives who, with a history of building successful teams themselves, understand how to find the optimal candidate for each search. Unlike traditional retained recruiting firms, Bank Street Consulting Group stands behind its ability to find these candidates with a fee structure highly contingent upon successful placement. Bank Street Consulting Group is a division of The Bank Street Group, a FINRA/SIPC member private investment banking firm based in Stamford, CT.