Marin Software Appoints Brad Kinnish to Chief Financial Officer
June 26 2017 - 7:08PM
Marin Software Incorporated (NYSE:MRIN), a leading provider of
cross-channel, cross-device, enterprise marketing software for
advertisers and agencies, today announced that Brad Kinnish has
been appointed Chief Financial Officer effective June 26. Mr.
Kinnish has served as Marin’s Acting Chief Financial Officer since
March of this year.
Chris Lien, CEO of Marin Software, said, “Along with an already
impressive track record working with SaaS companies, Brad’s
financial and operating expertise has quickly become an invaluable
asset to the team. I’m honored to welcome him in his new role.”
“Marin Software continues to develop compelling cross-channel
solutions for advertisers and agencies,” said Mr. Kinnish. “I’m
thrilled to join as Chief Financial Officer, and to be part of the
company’s goal of returning to growth.“
Prior to Marin, Mr. Kinnish spent seven years at Deutsche Bank,
where he served as Managing Director in the Technology Investment
Banking group. Previously, he was at Thomas Weisel Partners for
four years, in the role of Director of Software Investment Banking.
Mr. Kinnish was an Associate in the Technology Investment Banking
group at Credit Suisse, and started his career at Ernst & Young
as a CPA (currently inactive). He received his bachelor’s degree
from University of Washington.
About Marin Software
Marin Software Incorporated’s (NYSE:MRIN) mission is to give
advertisers the power to drive higher efficiency, effectiveness,
and transparency in their paid marketing programs that run on the
world’s largest publishers. Marin provides industry leading
enterprise marketing software for advertisers and agencies to
measure, manage, and optimize billions of dollars in annualized ad
spend across the web and mobile devices. Offering an integrated
SaaS ad management platform for search, social, and display
advertising, Marin helps digital marketers improve financial
performance, save time, and make better decisions. Advertisers use
Marin to create, target, and convert precise audiences based on
recent buying signals from users’ search, social, and display
interactions. Headquartered in San Francisco, with offices in eight
countries, Marin’s technology powers marketing campaigns around the
globe. For more information about Marin Software, please visit
marinsoftware.com.
Forward-Looking StatementsThis press release
contains forward-looking statements including, among other things,
statements regarding Marin’s business, continued development of
compelling cross-channel solutions for advertisers and agencies and
the company’s goal of returning to growth. These forward-looking
statements are subject to the safe harbor provisions created by the
Private Securities Litigation Reform Act of 1995. Actual results
could differ materially from those projected in the forward-looking
statements as a result of certain risk factors, including but not
limited to our ability to grow sales to new and existing customers;
our ability to expand our sales and marketing capabilities; our
ability to retain and attract qualified management and technical
personnel; delays in the release of updates to our product platform
or new features; competitive factors, including but not limited to
pricing pressures, entry of new competitors and new applications;
quarterly fluctuations in our operating results due to a number of
factors; inability to adequately forecast our future revenues,
expenses, Adjusted EBITDA, cash flows or other financial metrics;
delays, reductions or slower growth in the amount spent on online
and mobile advertising and the development of the market for
cloud-based software; progress in our efforts to update our
software platform; adverse changes in our relationships with and
access to publishers and advertising agencies; level of usage and
advertising spend managed on our platform; our ability to expand
sales of our solutions in channels other than search advertising;
any slow-down in the search advertising market generally; shift in
customer digital advertising budgets from search to segments in
which we are not as deeply penetrated; the development of the
market for digital advertising; acceptance and continued usage of
our platform and services by customers and our ability to provide
high-quality technical support to our customers; material defects
in our platform including those resulting from any updates we
introduce to our platform, service interruptions at our single
third-party data center or breaches in our security measures; our
ability to develop enhancements to our platform; our ability to
protect our intellectual property; our ability to manage risks
associated with international operations; the impact of
fluctuations in currency exchange rates, particularly an increase
in the value of the dollar; near term changes in sales of our
software services or spend under management may not be immediately
reflected in our results due to our subscription business model;
adverse changes in general economic or market conditions; and the
ability to acquire and integrate other businesses. These
forward-looking statements are based on current expectations and
are subject to uncertainties and changes in condition,
significance, value and effect as well as other risks detailed in
documents filed with the Securities and Exchange Commission,
including our Annual Report on Form 10-K for the year ended
December 31, 2016, our Quarterly Report on Form 10-Q for the three
months ended March 31, 2017, and Current Reports on Form 8-K which
we may file from time to time, all of which are available free of
charge at the SEC’s website at www.sec.gov. Any of these risks
could cause actual results to differ materially from expectations
set forth in the forward-looking statements. All forward-looking
statements in this press release reflect Marin Software’s
expectations as of June 26, 2017. Marin assumes no obligation to,
and expressly disclaims any obligation to update any such
forward-looking statements after the date of this release.
Media Contact
Wesley MacLaggan
Marketing, Marin Software
(415) 399-2586
press@marinsoftware.com
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