Nakisa Bidarian Named New UFC® Chief Financial Officer
Bidarian will oversee UFC’s finance, accounting and strategy teams
Las Vegas – UFC® today announced Nakisa Bidarian as the organization’s new Chief Financial Officer effective January 4, 2016. Formerly UFC’s Executive Vice President of Strategy and Business Ventures, Bidarian will now focus on key financial initiatives, strategic goals, and supporting the organization’s overall growth by guiding business decisions and analyzing their financial components.
“Nakisa has been a key contributor to UFC’s success throughout the last four years since he joined the organization,” UFC Chairman and Chief Executive Officer Lorenzo Fertitta said. “His diverse finance and strategy experience, coupled with the impact he has had with the organization, make him an ideal candidate for the CFO position.”
“I’m excited and humbled to accept this new opportunity with UFC,” Bidarian said. “The organization is coming off a record year in 2015, and I am confident that the finance, accounting and strategy teams will continue to deliver at the highest level and help to take the organization to new heights.”
Bidarian was formerly responsible for Group Strategy which includes Corporate Development, Strategic Planning, Research, Analytics, and several joint ventures, including UFC GYM. Under his leadership, UFC made significant strides in improving internal processes to improve its operating model. Bidarian has also championed the evolution of UFC’s people management practices, ensuring the organization continues to invest in its team members.
Prior to joining UFC, Bidarian led international real estate and hospitality investment and asset management for Mubadala Development Company, a multi-billion dollar sovereign investment company. Before Mubadala, he was an investment banker at Morgan Stanley and Citigroup, specializing in merger and acquisitions. Beginning his career at Accenture, Bidarian advised global financial institutions on financial and performance management. Bidarian received a Bachelor of Arts degree in financial economics from the University of Waterloo and a Master of Business Administration from Tuck School of Business at Dartmouth, where he graduated as a Tuck Scholar.
UFC® is the premier mixed martial arts (MMA) organization and largest pay-per-view event provider in the world. Headquartered in Las Vegas with offices in London, Toronto, Singapore and Sao Paulo, UFC produces more than 40 live events annually that consistently sell out some of the most prestigious arenas around the globe. UFC programming is broadcast in 158 countries and territories to over one billion TV households worldwide in 21 different languages. The UFC has a multi-year broadcast agreement with FOX in the U.S., which annually includes four live events broadcast on the FOX network, as well as The Ultimate Fighter® reality television show and thousands of hours of programming on FOX Sports 1 and FOX Sports 2. In 2014, UFC launched UFC FIGHT PASS®, a digital subscription service that is available throughout the world with exclusive live events, thousands of fights on-demand and original content. The UFC organization also licenses over 100 UFC GYM® locations, and owns UFC.TV® (offering live event broadcasts and video on-demand around the world), UFC FIT® (an in-home fitness and nutrition program), UFC Magazine, and has a videogame franchise with EA SPORTS, UFC Fight Club®, UFC Fan Expo®, UFC branded apparel, DVDs and Blu-rays and Topps Trading Cards. For more information, visit UFC.com and follow UFC at Facebook.com/UFC, Twitter and Instagram: @UFC.