TouchTunes appoints Andrew Russakoff as Chief Financial Officer to Support Next Phase of Growth and Innovation

NEW YORK--(BUSINESS WIRE)--TouchTunes Music Company, LLC (“TouchTunes”), North America’s largest connected platform for in-venue social entertainment, has named Andrew “Rusty” Russakoff as Chief Financial Officer. Joining the executive team later this month, Rusty will spearhead the company’s next phase of strategic growth and financial scaling following the continued expansion of TouchTunes’ mobile app, unified payments, and two new social jukeboxes.

In his new role, Rusty will be partnering closely with the senior leadership team to optimize financial performance, capital allocation, and strategic decision-making. His deep experience leading finance at complex, technology-driven organizations will be instrumental as TouchTunes scales its latest innovations and accelerates its long-term growth trajectory.

“I’m thrilled to welcome Rusty to the leadership team during such a high-growth period for the company,” said Scott Levine, CEO of TouchTunes. “As we continue to build the future of in-person social entertainment with music, darts, loyalty, and payments into a single connected experience, Rusty's deep financial expertise and proven track record of strategic gravitas and tactical execution make him the ideal leader to help us drive our vision and deliver long-term value to our partners and players alike.”

Rusty brings more than 15 years of leadership experience across finance, strategy, and technology. Most recently, he served as CFO at Angi (NASDAQ: ANGI), where he led finance, accounting, treasury, and investor relations, and helped guide capital allocation during a key period of transformation. Prior to that, he held senior finance roles at IAC, supporting financial planning and portfolio oversight across major digital platforms, including Match Group and Vimeo. His experience driving performance in complex, multi-product environments positions him well to lead TouchTunes’ financial operations.

"TouchTunes has established itself as the clear leader in connected in-venue entertainment, and the breadth of its product ecosystem — from jukeboxes to dartboards to integrated payments — reflects a business model built for durability and growth,” said Russakoff. “I'm eager to bring my experience to help the team scale what's working and capitalize on the significant opportunity ahead."

In addition to his operational roles, Rusty has served as an advisor to early-stage companies and taught financial modeling through Investopedia Academy, reflecting his passion for building strong financial foundations and developing talent. He holds an MBA from Columbia Business School and a Bachelor of Arts in Engineering from Harvard University.

For more information about TouchTunes, please visit www.touchtunes.com.

About TouchTunes

TouchTunes is North America's largest connected platform for in-venue social entertainment, with its interactive jukeboxes featured in more than 63,000 bars, restaurants, breweries, and other social venues across the region and Europe. Following its acquisition of Arachnid’s preeminent soft-tip electronic darts business in 2024, TouchTunes’ expanded network includes over 32,000 connected BullShooter® dartboards in bars and restaurants globally.

TouchTunes’ platform provides location-based digital solutions that inspire social interactions through shared experiences for millions of consumers. TouchTunes supports a highly scalable digital out-of-home activation platform that provides targeted advertising and promotional opportunities for consumer brands and features a network of over 2,500 local operators who install equipment and take responsibility for maintenance, promotion, service, and support.

TouchTunes is headquartered in New York City, with offices in Chicago, and Montreal. For more information, visit https://www.touchtunes.com/ or follow Facebook, Instagram, and LinkedIn for the latest company news.