Curiosity Expert: Hugh Panero
Venture Partner, NEA
Hugh joined NEA in 2008 and is focused on consumer technology opportunities. He co-founded XM Satellite Radio in 1998 and served as its Chief Executive Officer until August 2007. During his tenure at XM, the company became America's number-one satellite radio service with more than 9.3 million subscribers and grew from a concept into one of the fastest-growing new technologies ever, outpacing the growth of wireless phones and cable television. Hugh was named one of the best CEOs in America by Institutional Investor in January 2006 and one of 20 "power players" in the digital entertainment industry for 2005 by Billboard magazine. Over his 25-year media career, Hugh has held various executive positions building subscription, on-demand and advertiser-supported, entertainment distribution businesses. From 1993-1998, he served as President and CEO of Request Television, a pay-per-view network owned by TCI's Liberty Media and Twentieth Century Fox. Prior to that he spent 10 years at Time Warner Cable of New York City, where he helped build and grow the world's largest cable system. Mr. Panero received a B.A. in Government and Sociology from Clark University and has a master's degree in Business Administration from Baruch College.