Members of Media Financial Management Association (MFM) have unanimously voted to approve the merger of MFM with Financial Executives International (FEI). As a result, MFM will become the Media Finance Section of FEI, as MFM members will become FEI Members.
The merger is expected to take effect on October 1.
For MFM CEO Joe Annotti, who plans to retire come June 2027, “Becoming the Media Finance Section of FEI ensures that our members’ community and programming not only continue but grow, with greater scale and support behind them.”
The Media Finance Section will serve as a dedicated home for media-finance programming, content, and networking, continuing the work MFM has led for its members. As FEI Members, former MFM members gain access to FEI’s range of programs and resources.
“This is a milestone for FEI and for the media-finance profession,” said Andrej Suskavcevic, CAE, President and Chief Executive Officer of FEI. “By welcoming MFM’s members and launching our first Media Finance Section, we are expanding the community we serve while carrying forward the programming MFM members have long valued.”
The merger follows a period of due diligence and board endorsement by both organizations, culminating in the July 15 vote of MFM members.
