By Sahil Patel
Hulu has picked Elaine Paul, a longtime executive at The Walt Disney Company, to be its new chief financial officer as incoming CEO Mike Hopkins looks to put together his team at the video company. Paul will replace outgoing CFO Tom Fuelling, who had been with Hulu since 2007 and helped build the company’s existing finance team.
In a memo sent to the company, Hopkins said:
“I’ve known Elaine for many years, and I can tell you she is one of the most tenacious, disciplined, and passionate executives I have ever worked with. Elaine is no stranger to Hulu. In fact, Elaine was involved in Disney’s original investment in Hulu back in 2009 and has played a continuing role through her work at Disney on their corporate strategy team. Elaine brings with her a love for Hulu and the amazing product that you all have built. I am confident that her depth of experience and financial and strategic prowess will no doubt add incredible value to this team as we continue to work together to build the best product for our customers (users, content owners, and advertisers).”
Most recently, Paul was the SVP of corporate strategy at Disney, overseeing acquisitions, new business initiatives, and other “strategic investments.” Prior to that, she was the VP of business development for the Walt Disney Internet Group.
Hopkins and Hulu still haven’t made any direct comments about where originals will fit into the company’s programming strategy going forward. But if you’re keeping tabs, Hulu has now hired two traditional media execs to oversee the company and its finances.
Paul will assume her new role beginning Monday.