NEW
YORK, Aug. 26, 2024 /PRNewswire/ -- Criteo S.A.
(NASDAQ: CRTO), the commerce media company, today announced that
Chief Executive Officer Megan
Clarken has informed the Board of Directors of her intention
to retire within the next 12 months. To ensure a smooth transition,
Clarken will continue to serve as CEO until her successor is named,
at which time she will also step down from the Board.
Clarken has also agreed to remain with Criteo in a
senior
advisor role providing services until any
necessary transition is complete.
The Board has initiated a search and engaged Heidrick &
Struggles, a leading executive search firm, to assist in the
process of identifying and evaluating both internal and external
candidates.
"On behalf of the entire Board, I want to extend our deepest
gratitude to Megan for her strong leadership, deep passion and
critical contributions to Criteo over the past five years," said
Rachel Picard, Chair of Criteo's
Board of Directors. "She has been instrumental in Criteo's growth
and has led the successful transformation of the Company to become
the end-to-end AdTech platform of choice in Retail and Commerce
Media. As a result of her leadership and the team that she has
built, Criteo is positioned to continue to capture market share and
capitalize on emerging trends in the AdTech market. The Board
remains fully confident in the Company's strategy as well as its
senior leadership team, and through our ongoing succession
planning, we are committed to appointing a new CEO who will
continue to drive our ambitious vision forward. We greatly
appreciate Megan's support in ensuring a smooth transition."
"I'm incredibly proud of what we've accomplished during my time
as CEO of Criteo," said Clarken. "It is an honor to work with the
Criteo leadership team and so many exceptionally talented people.
Together, we have navigated complex industry challenges and built
differentiated capabilities that have transformed the company into
a Commerce and Retail Media powerhouse. We have dedicated ourselves
to the greater good of the industry and have transformed our
Company into a global leader in the AdTech space. Working closely
with the Board, I look forward to continuing to lead Criteo with my
full focus, while ensuring that the succession is seamless."
About Criteo
Criteo (NASDAQ: CRTO) is the global commerce media company that
enables marketers and media owners to drive better commerce
outcomes. Its industry leading Commerce Media Platform connects
thousands of marketers and media owners to deliver richer consumer
experiences from product discovery to purchase. By powering trusted
and impactful advertising, Criteo supports an open internet that
encourages discovery, innovation, and choice. For more information,
please visit www.criteo.com.
Contacts
Criteo Investor Relations
Melanie Dambre, m.dambre@criteo.com
Criteo Public Relations
Amanda Echavarri,
a.echavarri@criteo.com
OR
Camilla Scassellati-Sforzolini, Warren Rizzi
FGS Global
Criteo@FGSGlobal.com
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SOURCE Criteo S.A.