Tremor Video Announces Chief Technology Officer Transition
October 20 2015 - 4:05PM
Business Wire
John Walsh Joins as CTO, Co-Founder Steven Lee
Continues as Senior Advisor
Tremor Video, Inc. (NYSE: TRMR), the premium video marketplace
elevating brand advertising effectiveness across all screens, today
announced that John Walsh has joined the company as Chief
Technology Officer. Former CTO and co-founder Steven Lee will
continue with the Company reporting to Chief Executive Officer,
Bill Day.
"John’s successful track record of nearly 30 years building
scalable enterprise platforms will add significant firepower to our
technology team, and is the perfect next step in our evolution as
the Premium Video Marketplace,” said CEO Bill Day.
Mr. Walsh joins Tremor Video from CareCloud, a cloud-based
healthcare IT solutions provider, where he served as Chief
Technology Officer responsible for engineering and operations since
January 2013. Prior to that, he served for four years as Senior
Vice President of Engineering and Operations at Constant Contact
(NASDAQ: CTCT), a leading all-in-one marketing platform driving
growth for more than 650,000 small organizations worldwide. He
received a B.S. in Computer Science from Rensselaer Polytechnic
Institute and an M.B.A. from Boston University.
“Tremor Video is a tech innovator and pioneer of advertising
effectiveness in this fast-growing space,” said Mr. Walsh. “I am
excited to continue the tremendous success Steve and his team have
achieved, and extremely grateful to partner with Steve as his
insight and expertise will be invaluable to my success and an
effective transition.”
Steven Lee co-founded ScanScout in 2005 and joined Tremor
Video as Chief Technology Officer following the merger of ScanScout
and Tremor Video in December 2010. During his tenure at Tremor
Video, the company pioneered many industry innovations, including
award-winning interactive pre-roll creative formats; the industry’s
first MRC-accredited video viewability measurements; proprietary
performance analytics that provide marketers with deep insights
into what’s working and why; and first-in-class optimization
technology that serves as the basis for Tremor Video’s All-Screen
video offering — the company’s most successful product launch to
date. Over the last two years, Mr. Lee led the development of the
company’s full-stack Premium Video Marketplace, including an SSP
that saw more than 100 publishers go live in the first 100 days and
a brand performance DSP that serves several top agency
partners.
“I am so proud of what we’ve accomplished over the last decade
and especially our progression over the last two years. With the
successful build and launch of our differentiated SSP and DSP, we
are seeing significant traction in our premium programmatic
offerings, and I believe it is the perfect time to transition our
technology leadership to the seasoned CTO we found in John,” said
Lee.
About Tremor Video
Tremor Video (NYSE:TRMR) helps make every advertising moment
more relevant for consumers. The company’s heritage as custodians
of the most recognized advertiser and publisher brands is
built on leadership in all-screen analytics and a long-standing
commitment to transparency. Our premium video marketplace offers
the full spectrum of video ad products and services, including
premium programmatic buying and selling and analytics that connect
the two.
Forward-Looking Statements
This press release contains forward-looking statements that
involve risks, uncertainties, assumptions and other factors that
could cause actual results and the timing of certain events to
differ materially from those set forth in or implied by such
forward-looking statements. All statements other than statements of
historical fact are forward-looking statements, including, but not
limited to, any statements concerning anticipated benefits related
to additions or changes in personnel, or the growth or adoption of
Tremor Video’s solutions. Important factors that could cause actual
results to differ materially include: the ability to successfully
integrate and retain personnel, and the effectiveness of personnel;
the impact of technological development and competition; market
acceptance of Tremor Video’s products or services; design,
manufacturing or software defects; changes in client preferences or
demands; changes in industry standards and interfaces; global
economic conditions; as well as other factors detailed from time to
time in the reports Tremor Video files with the Securities and
Exchange Commission. Forward-looking statements are not guarantees
of future performance or events and investors are cautioned not to
place undue reliance on any forward-looking statement. Furthermore,
forward-looking statements speak only as of the date on which they
are made, and, except as required by law, Tremor Video disclaims
any obligation to update these forward-looking statements to
reflect future events or circumstances.
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version on businesswire.com: http://www.businesswire.com/news/home/20151020006716/en/
Tremor Video, Inc.Media:Mandy Robinson,
646-278-7416mrobinson@tremorvideo.comInvestor
Relations:Andrew Posen, 212-792-2315Senior Director Investor
RelationsIR@TremorVideo.com
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