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Interactive Content Network Liberated Syndication Appoints CFO

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Liberated Syndication Inc. (OTCQB:LSYN) (“Libsyn” or “the Company”), the industry’s leading podcast hosting platform, announced today the appointment of Mr. Richard P. Heyse as Chief Financial Officer, effective immediately. In this role, Mr. Heyse will be responsible for finance, strategic planning, treasury, tax and accounting and will be based at the Company’s offices in Pittsburgh, PA.

Mr. Heyse takes over for Mr. Gabriel Mosey, who has served as interim Chief Financial Officer since October 2019, and will remain with the Company as Corporate Controller.

Background of Mr. Heyse
Mr. Heyse brings 35 years of financial management, capital markets and operational experience in both public and private technology companies. He has successfully served as CFO of three publicly-traded companies, with considerable expertise in business planning, strategy execution, operational optimization, budgeting, SEC compliance, and financial reporting.

Most recently, Mr. Heyse served as an interim CFO or consultant for a number of private companies. Previously Mr. Heyse served as Chief Financial, Risk and Compliance Officer at Wesco International, Inc. (WCC) in Pittsburgh, Pennsylvania; Chief Financial Officer and Chief Information Officer at Innophos Holdings, Inc. (IPHS) in Cranbury, New Jersey (where he coordinated a NASDAQ IPO); and as Business CFO – Chemicals Division at Eastman Chemical Company (EMN) in Kingsport, Tennessee.

Mr. Heyse has a Bachelor’s Degree in Nuclear Engineering from Purdue University, and a Master’s Degree in Business Administration from Carnegie Mellon University.

Management Commentary
Laurie Sims, President of Libsyn, noted, “We are pleased to welcome Richard, whose financial acumen and experience will prove invaluable as we continue to strengthen our leadership team. He has over three decades of financial and operational experience and has managed the entirety of the finance function of companies with substantial revenues. We would also like to thank Gabe Mosey for his efforts as Interim CFO and look forward to his continuing contributions as Controller. As we pursue growth initiatives in our podcasting and web hosting business, Richard, Gabe, and our entire finance team will help us tackle the many opportunities to improve our efficiency and performance.”

Mr. Heyse commented, “I am delighted to join Libsyn at this exciting time. I believe the potential for shareholder value creation is excellent given the favorable growth trends in the podcasting and web-hosting market and Libsyn’s position as a leader in the space.”

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