Yoga-streaming company Gaia, Inc. hired James Colquhoun as chief operating officer and promoted Kiersten Medvedich to president. Ned Preston was hired as chief financial officer, replacing Paul Tarell, who resigned to pursue other interests.
Colquhoun has been a member of Gaia’s board of directors since May 2020. He was the founder and chief executive officer of Food Matters TV, a health and wellness-focused online video subscription service until Gaia acquired the business in 2019.
Medvedich joined Gaia in 2016 after 14 years with Sony Pictures Television and, most recently, was the executive vice president of content. During her tenure at Gaia, Medvedich has scaled the content team and its production capabilities, launched the GaiaSphere live event space and overseen HR and the company’s marketing team.
Preston previously was the chief financial officer of Tive, Inc. Before that, he was the chief financial officer of Motional, Inc. and worked in various senior finance roles for Fortune 500 and technology companies, including Akamai Technologies and Oracle Corporation. Tarell will continue as an employee until August 1, 2023, to ensure a smooth transition.
“I would like to welcome James and Ned to the team, congratulate Kiersten on her new role, and thank Paul for his dedication and financial leadership over the last decade,” said Jirka Rysavy, Gaia’s CEO. “The return to growth, strengthening of the management team and an increase in member retention rates creates a solid base for the next stage of Gaia. For the second quarter, we expect another moderate sequential increase in revenue and member counts like we delivered in the first quarter, but we are also anticipating a return to cash flow generation during the quarter.”
