Perion Announces Management Change
January 12 2015 - 6:30AM
Business Wire
Perion Network Ltd. (NASDAQ: PERI) is pleased to announce the
appointment of two executives into new senior leadership roles. Mr.
Shai Gottesdiener will now be General Manager of Perion’s B2B
mobile unit and Mr. Miki Kolko will now serve as Perion’s CTO.
Mr. Gottesdiener joined Perion as Chief Technology Officer in
July 2013 with 17 years of experience in the Internet, mobile and
enterprise software industries. In his role as Perion’s CTO, Mr.
Gottesdiener successfully led the merger of Perion with
ClientConnect on the side of Information Systems and Data. Prior to
joining Perion, he served as Vice President of R&D and Head of
the Gaming Platform and Business Applications at 888, a global
leading online gaming company. Mr. Gottesdiener has extensive
operational experience in managing multiple locations around the
world and managing teams of several hundred people.
In his new role, Mr. Gottesdiener will focus on establishing
Grow Mobile, a leading fully managed and self-serve, cross network
advertising platform, as the platform of choice for mobile
advertisers and agencies and expand its reach on a global basis. In
addition, he will be responsible for launching new B2B mobile
products to enhance our offering, the first of which is Touchbeam,
a mobile engagement platform, whose beta version will be released
in the second quarter of the year.
“I am thrilled to welcome Shai in his new role. I have been
working with Shai for almost two years and have been very impressed
by his management, operational and leadership skills. His industry
knowledge and ability to drive execution make him the perfect
choice to take our mobile unit to the next level on a global
scale,” stated Mr. Josef Mandelbaum, Perion's CEO.
Promoted from within the company, to replace Mr. Gottesdiener as
Perion’s Chief Technology Officer, is Mr. Miki Kolko. Mr. Kolko has
19 years of experience in internet and big data technologies and
served as Vice President of Data at Perion for over two years.
Prior to his time at Perion, Mr. Kolko served as Vice President of
Data at LivePerson (NASDAQ:LSPN), a global leader of digital
engagement technology. Mr. Kolko also has several years of
experience in various engineering executive management positions
and was the founder and Chief Technology Officer of three startups
in enterprise software and internet B2C.
“Miki will be a strong addition to Perion’s senior team,”
commented Mr. Mandelbaum. “I am excited not only about the
opportunity to promote from within Perion, as it is a strong
indicator of our bench strength, but also about the skill set Miki
brings to the position in big data, which is one of the most
crucial pillars for our success. We believe we have the right
people and the sharpest minds on board to succeed.”
“Additionally,” Mr. Mandelbaum continued, “we want to thank
Tomer Pascal, the former General Manager of our B2B mobile unit,
for his many contributions to our business in his five plus years
at the company. We want to wish him all the best in his new
venture.”
About Perion Network Ltd.
Perion powers innovation. We are a global performance-based
media and Internet company, providing online publishers and app
developers advanced technology and a variety of intelligent,
data-driven solutions to monetize their applications and content
and expand their reach to larger audiences, based on our own
experience as an app developer. Our leading software monetization
platform, Perion Codefuel, empowers digital businesses to optimize
installs, analyze data and maximize revenue. Our app promotion
platform, GrowMobile, enables developers to make wise decisions on
where to spend advertising budgets to produce the highest yield and
the most visibility. The Perion team brings decades of experience,
operating and investing in digitally-enabled businesses, and we
continue to innovate and create value for the app ecosystem. More
information about Perion may be found at www.perion.com.
Follow Perion on Twitter @perionnetwork.
Forward Looking Statements
This press release contains historical information and
forward-looking statements within the meaning of The Private
Securities Litigation Reform Act of 1995 with respect to the
business, financial condition and results of operations of Perion.
The words “will”, “believe,” “expect,” “intend,” “plan,” “should”
and similar expressions are intended to identify forward-looking
statements. Such statements reflect the current views, assumptions
and expectations of Perion with respect to future events and are
subject to risks and uncertainties. Many factors could cause the
actual results, performance or achievements of Perion to be
materially different from any future results, performance or
achievements that may be expressed or implied by such
forward-looking statements, or financial information, including,
among others, the failure to realize the anticipated benefits of
the ClientConnect transaction; risks entailed in integrating the
ClientConnect business with Perion’s other businesses, including
employee retention and customer acceptance; the risk that the
transaction will divert management and other resources from the
ongoing operations of the two businesses or otherwise disrupt the
conduct of those businesses, potential litigation associated with
the transaction, and general risks associated with the business of
Perion and with the ClientConnect business, including changes in
the markets in which the businesses operate and in general economic
and business conditions, loss of key customers, unpredictable sales
cycles, competitive pressures, market acceptance of new products,
inability to meet efficiency and cost reduction objectives, changes
in business strategy and various other factors, whether referenced
or not referenced in this press release. Various other risks and
uncertainties may affect Perion and its results of operations, as
described in reports filed by the Company with the Securities and
Exchange Commission from time to time, including its annual report
on Form 20-F/A for the year ended December 31, 2013. Perion does
not assume any obligation to update these forward-looking
statements.
Source: Perion Network Ltd.
Perion Investor RelationsDeborah Margalit,
+972-73-398-1000investors@perion.comorSolebury Communications
GroupJamie Lillis, 203-428-3223jlillis@soleburyir.com
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