Scott Henry, a seasoned senior financial executive with nearly three decades of experience, has joined Magic Leap Inc. as the company’s chief financial officer. In his new role, Henry will specialize in all aspects of financial management and strategic development from start-ups to large corporations, the company announced in a news release.
Magic Leap, which secured $50 million in investments in February, is a provider of augmented-reality technology, according to CNN. It is creating “what we believe will be the most natural and human-friendly wearable computing interface in the world,” said Abovitz.
Prior to joining Magic Leap, Scott held CFO roles at Beats Music and Beats by Dr. Dre, leading Beats from a licensing company to an independent global manufacturer. At Beats Music, he helped lead the company through the launch of the Beats branded music streaming service, the overall transformation from an application development company to operational business and the ultimate acquisition of the company by Apple Inc. in mid-2014.
He previously served as CFO at Borders Group and Las Vegas Sands. Earlier in his career, Henry worked as an investment banker for some of the world’s largest financial institutions including ING, Prudential Securities and Salomon Brothers.
“We’re incredibly excited to be welcoming Scott to the Magic Leap team,” said the company’s founder, president and CEO Rony Abovitz. “As part of the senior team at Beats, Scott played a pivotal role connecting technology with culture, ultimately creating one of the most popular consumer technology brands in recent memory.”
“Magic Leap is in a very special position in the marketplace, with a technology that is truly unprecedented and the financing in place to help bring it to market,” said Henry. “It’s not every day you get to be part of something this remarkable and I’m incredibly excited to be joining the Magic Leap team.”
