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Lindblad appoints Discovery Communications veteran as cfo

Lindblad appoints Discovery Communications veteran as cfo
Lindblad Expeditions Holdings hired Craig Felenstein as its chief financial officer. He starts Sept. 6, succeeding John McClain, who has held the role since November 2015.

Felenstein, 43, brings a long history of leadership positions in a wide range of public companies, most recently serving as svp investor relations and strategic finance at Shutterstock since March 2015, where he oversaw all interaction with the investment community while leading the financial planning and analysis and corporate development functions.

Before Shutterstock, Felenstein was with Discovery Communications since May 2008, serving in various management roles including evp investor relations. At the same time, he was part of the executive team for several of Discovery's businesses including serving as the cfo of digital, cfo of US network revenue and cfo of 'Animal Planet,' overseeing all financial activity and helping to drive the strategy for each operating unit.

Prior to Discovery Communications, Felenstein held senior positions at News Corp., Viacom and Arthur Andersen & Co.

At Lindblad, he'll be responsible for all accounting and finance functions, including merger and acquisition-related activities, and he'll serve as the primary liaison with the investor and financial community. According to a filing, Felenstein's annual base salary will be $400,000 plus bonus opportunities, 40,000 restricted shares and stock options for 200,000 shares. Both the restricted shares and stock options vest annually over four years.

'Lindblad has long been recognized as one of the true pioneers and leaders in the expedition travel space and I am thrilled to join the company as it expands on that position through the addition of new ships and as it explores new destinations,' Felenstein said.

Lindblad president and ceo Sven-Olof Lindblad welcomed Felenstein, calling him a 'seasoned executive with significant experience leading the financial functions and investor relationships of some of the country's top media companies.' His expertise, Lindblad added, 'complements both our operations and long-term growth objectives.'

Felenstein will be based at Lindblad's headquarters in New York.