[March 31, 2015] |
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Tremor Video Announces CFO Transition
Tremor Video, Inc. (NYSE:TRMR), an advertising technology company
elevating brand advertising effectiveness across all screens for the
world's leading brands and publishers, today announced that Todd Sloan,
Senior Vice President and Chief Financial Officer, will step down after
a transition period to pursue other opportunities. Mr. Sloan has agreed
to continue as CFO until May 31 and then assist the company as a
strategic advisor through August 15. The company has initiated a search
for his successor.
"Todd has been a critical part of Tremor Video's success and in
transforming the company into a premium video marketplace," said Bill
Day, President and Chief Executive Officer. "He has been a true partner
of mine for many years and the entire Tremor Video team is grateful for
his dedication and commitment to our company. We wish him only the best
as he pursues his next endeavor."
"I am proud of what we have accomplished during my time at Tremor Video
and believe that the company will continue to be a leader in the digital
advetising industry and execute on its strategy," said Mr. Sloan.
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 the transition of Tremor Video's CFO. Important
factors that could cause actual results to differ materially include:
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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