AUSTIN, Texas, Nov. 3, 2014 /PRNewswire/ -- RetailMeNot,
Inc. (NASDAQ:SALE), the operator of the world's largest marketplace
for digital offers, announced today that Douglas C. Jeffries
has decided to step down as Chief Financial Officer effective
November 30, 2014 to return to his
home on the west coast. Mr. Jeffries will remain with
RetailMeNot to assist with the transition.
Mr. Louis J. Agnese, the
Company's General Counsel and Secretary, will serve as interim CFO
until a permanent replacement has been found. Mr. Agnese joined
RetailMeNot as General Counsel in 2011 and previously worked as a
corporate attorney at DLA Piper and Akin Gump Strauss Hauer &
Feld.
"We would like to thank Doug for his contributions to
RetailMeNot's exceptional growth and for helping to build our
strong finance organization. I look forward to continuing my
working relationship with Lou in this new role," said Cotter
Cunningham, Chairman and CEO.
"On behalf of the Board of Directors, I would like to thank Doug
for his dedication and stewardship of RetailMeNot's transition from
a private company through a successful IPO and a follow-on
offering," said Mr. Greg
Santora, Director and Chairman of the Audit Committee.
Mr. Jeffries stated, "it has been a career highlight to
work with the extraordinary RetailMeNot team and I'm pleased to
assist in making this a smooth leadership transition."
About RetailMeNot, Inc.
RetailMeNot, Inc. (www.retailmenot.com/corp/) operates
the world's largest marketplace for digital offers. The company
enables consumers across the globe to find hundreds of thousands of
digital offers from their favorite retailers and brands. During the
12 months ended September 30, 2014, RetailMeNot, Inc.
experienced more than 655 million visits to its websites.
RetailMeNot estimates $3.5 billion in paid retailer sales
in 2013 were attributable to consumer traffic from digital offers
in its marketplace. The RetailMeNot, Inc. portfolio includes
RetailMeNot.com, the largest digital offer marketplace in the
United States; RetailMeNot.ca in
Canada; VoucherCodes.co.uk, the largest digital offer
marketplace in the United Kingdom; Deals.com in Germany;
Actiepagina.nl, a leading digital offer site in the
Netherlands; Bons-de-Reduction.com
and Ma-Reduc.com, leading digital offer sites in France; Poulpeo.com, a leading digital offer
site with cash back in France; and Deals2Buy.com, a leading
digital offer site in North America. RetailMeNot, Inc. is
listed on the NASDAQ stock exchange under the ticker symbol "SALE."
Investors interested in learning more about the company can
visit http://investor.retailmenot.com.
Investor Contact
Michael
Magaro
RetailMeNot, Inc.
mmagaro@rmn.com
(512) 777-2899
Media Contact
Brian
Hoyt
RetailMeNot, Inc.
bhoyt@rmn.com
(512) 777-2957
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SOURCE RetailMeNot, Inc.