Pat Thompson Steps Down as CFO at MediaAlpha

MediaAlpha, the leading programmatic customer acquisition platform in the insurance industry, announced on September 3, 2026, that Pat Thompson, the company’s Chief Financial Officer, will step down on October 1, 2026. Tigran Sinanyan, who previously served as the company’s Senior Vice President of Finance and held the CFO role from 2015 to 2021, will succeed Thompson in the CFO position.

Steve Yi, CEO and Co-Founder of MediaAlpha, expressed gratitude towards Thompson for his contributions over the past five years. "Pat has been a key leader during a challenging period in the P&C insurance industry, and his leadership has significantly contributed to our record financial performance," Yi said. "He built a strong financial organization that will support our growth for years to come."

Sinanyan rejoined the company as SVP of Finance in July 2025, bringing with him deep knowledge of the business and its operations. "During my tenure, I have gained a comprehensive understanding of what makes our programmatic platform and partner relationships successful," Sinanyan said. "I look forward to working closely with the leadership team to drive disciplined growth and long-term value for our shareholders."

Thompson expressed pride in his team's achievements and confidence in Sinanyan’s leadership. "I am proud of the record results we have delivered, and I am confident the company is in excellent hands with Tigran," he said. "I will ensure a smooth transition and continue to support the company in the coming months."

MediaAlpha also provided an update on its third-quarter 2026 financial guidance, expecting revenues, contribution, and adjusted EBITDA to be at or above the top end of the previously disclosed ranges. These expectations were detailed in the company’s second quarter earnings release on July 29, 2026.

The company claims to be the insurance industry’s leading programmatic customer acquisition platform, boasting more than 1,150 active partners and generating over 141 million consumer referrals in 2025. In 2025, MediaAlpha’s programmatic advertising technology facilitated $2.2 billion in spend across various insurance sectors, including property & casualty, health, and life insurance.

Pat Thompson’s last day will be October 30, 2026, after which he will serve as a consultant to the company until February 2027 to ensure a smooth transition of duties.