Cineverse Appoints Rey Puentenegra as VP Amid Challenges

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Written by Naman Gaur

Forward-thinking streaming entertainment and technology company, Cineverse (NASDAQ: CNVS), appointed Rey Puentenegra as Vice President, Corporate Controller

He brings over 20 years of experience from industries, audits, and the regulatory side and will take on leadership for the financials and accounting of Cineverse. His responsibilities will include corporate accounting, regulatory and financial reporting, audit preparation, and the enhancement of internal control policies and procedures with the goal of ensuring the most robust financial management for the company’s activities. Puentenegra’s role reports to Mark Lindsey, CFO of Cineverse, effective immediately.

Puentenegra boasts a great portfolio in financial management, including SEC reporting, IPO, and SPAC consulting; process optimization for public and private organizations; and also experience working with Big 4 accounting firms and the Public Company Accounting Oversight Board (PCAOB). Prior to joining Cineverse, he was the Controller at YOUNGLA, a fitness and lifestyle apparel brand, which he structured finance operations at and managed accounting, banking relationships, and ERP implementation. He has worked in various finance roles for KPMG, PwC, Reading International, Global Eagle Entertainment, Corporate Finance Group, XOS, and Spatial Genomics. For PCAOB, he worked as an Inspections Specialist auditing Big 4 and mid-tier firms working in the United States and overseas.

With the assumption of his new role, Puentenegra was awarded stock appreciation rights (SARs) covering 85,000 shares of Cineverse Class A Common Stock exercisable over a ten-year term with an exercise price of $2.74 vesting 1/3 annually from 2025 through 2027.

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