MediaAlpha names new CFO and raises Q3 2026 guidance

MediaAlpha, Inc. (NYSE: MAX) announced that Pat Thompson will step down as Chief Financial Officer on October 1, 2026, with Tigran Sinanyan, the company's Senior Vice President of Finance, set to take over the role.

Sinanyan previously served as MediaAlpha's CFO from 2015 to 2021 and as VP of Finance from 2012 to 2015. He rejoined the company as SVP of Finance in July 2025. His earlier tenure included guiding the company through its 2020 initial public offering.

Thompson's last day as an employee will be October 30, 2026. He will remain as a consultant through February 2027 to assist with the transition.

"On behalf of everyone at MediaAlpha, I want to thank Pat for his many contributions over the past five years," said Steve Yi, CEO and Co-Founder of MediaAlpha. "We are also very excited to welcome Tigran back into the CFO role."

Alongside the leadership announcement, MediaAlpha said it now expects third-quarter 2026 revenue, contribution, and adjusted EBITDA to be at or above the top end of the guidance ranges it disclosed in its second-quarter earnings release on July 29, 2026.

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