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Susan Lyne
American business executive and Entrepreneur (born 1951) From Wikipedia, the free encyclopedia
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Susan Lyne (born April 30, 1951) is an American media executive and entrepreneur. She is the co-founder and Managing Partner of BBG Ventures, a venture capital firm that invests in early-stage companies. Over the course of her career, she has held several senior leadership positions in various companies. She has served as Chief Executive Officer (CEO) of Martha Stewart Living Omnimedia, the fashion e-commerce platform Gilt Groupe, and the AOL Brand Group. In addition, she has held the position of President at ABC Entertainment, where she oversaw the development of prime-time programming. She also served as Executive Vice President at both The Walt Disney Company and AOL.[1][2][3]
She has served as a director on the boards of several public and private companies. Currently she serves as an independent director at GoPro, a role she has held since 2017,[4][5] and is also a board member of Blade Air Mobility, a technology-powered air mobility platform. Previously she held director board positions with Gilt Groupe, AOL, Martha Stewart Living Omnimedia, Starz, and CIT Group.[6]
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Early life and education
Susan Lyne was born on April 30, 1951, and raised near Boston, Massachusetts. She was the eldest of five children, and raised in a conservative Irish Catholic family. Lyne attended an all-girls school for her early education.[7][8]
She went on to study at the University of California, Berkeley, but left before graduating.[9][10]
Career
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Susan Lyne began her career in publishing with editorial roles at The Village Voice and New Times. In 1987, she founded Premiere, a magazine focused on the movie industry, where she served as editor in chief for many years.[11] In January 1996, Lyne joined The Walt Disney Company as Executive Vice President of Acquisitions, Development, and New Business for Walt Disney Pictures and Television, a position in which she established the studio’s East Coast office.[12][13] Two years later, in March 1998, she transitioned to ABC Entertainment as Executive Vice President of Movies and Miniseries.[14] She was later appointed President of ABC Entertainment in January 2002, where she oversaw the development of popular series like Grey's Anatomy and Desperate Housewives.[15][16]
In 2004, Lyne became the President and Chief Executive Officer of Martha Stewart Living Omnimedia (MSLO), a role she took on during a period of uncertainty for the company, due to the conviction of its founder Martha Stewart, for an insider trading incident.[17] She focused on stabilizing operations and diversifying its business model.[18][19] After leaving MSLO in 2008, Lyne took on the role of Chairperson and CEO at Gilt Groupe, an online retailer of fashion and lifestyle products. During her time at Gilt Groupe, the company expanded its membership base and navigated economic challenges.[20][21]
In 2013, Lyne was appointed CEO of AOL's Brand Group, where she managed various content brands, including TechCrunch and Engadget.[22][23] The following year, she shifted her focus to venture capital by founding BBG Ventures, which primarily invests in early-stage companies led by women.[24][25] In 2024, BBG Ventures announced a $60 million fund, expanding its focus to include a broader range of underrepresented entrepreneurs.[26] Lyne has also served on the boards of several companies, including GoPro and Blade Air Mobility.[27][28]
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Personal life
Susan Lyne was married to George Crile, a former producer for 60 Minutes. The couple has two daughters, Susan and Jane. Lyne has also been involved in philanthropic work, particularly in areas related to women’s empowerment and education.[29][30][31]
Board and affiliations
Susan Lyne has served on the boards of multiple companies. Her board memberships include:
- GoPro – Board Director since 2017 to present.[32][33]
- Blade Air Mobility – Joined the board in 2021 and serves as Director and Chair of the Compensation to present.[34][35]
- Gilt Groupe – Board director from 2008-2013[36]
- AOL – Board director from 2009-2013 .[37]
- Martha Stewart Living Omnimedia – Board director from 2004 to 2008, concurrent with her role as President and CEO.[38][39]
- Starz – Board director from 2013-2016.[40]
- Member of The Council on Foreign Relations.[41]
- Member of Chancellor’s Council, UC Berkeley.[42]
Additionally, she served as a trustee for Rockefeller University and The New School, and previously held trustee positions with The Posse Foundation and The Public Theater.[43]
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Honours and Recognition
She has been recognized for her contributions to the tech and communications industries over the course of her career. She was named Ad Age's Publishing Executive of the Year and received the Matrix Award from New York Women in Communications.[44] In 2019, she was listed among Crain's Notable Women in Tech and recognized by Fast Company as one of the Most Influential Women in Tech.[45][46] In 2021, she was included in Forbes inaugural 50 Over 50.[47]
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See also
References
External links
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