Cardlytics Appoints Two New Members to its Board of Directors
03 January 2024 - 8:05AM
Cardlytics, Inc. (NASDAQ: CDLX), an advertising platform in banks’
digital channels, is excited to announce the appointment of Andre
Fernandez and Jon Francis to its Board of Directors. Additionally,
John Balen and David Adams have retired from the Board effective as
of January 1, 2024. In connection with these Board changes, Jack
Klinck has assumed the role of Chairperson of the Board.
"We are proud to welcome Andre and Jon to our Board of
Directors. Andre’s expertise in financial strategy and Jon’s
background in data-driven analytics align with our key strategic
pillars,” said CEO Karim Temsamani. “Andre and Jon’s tremendous
skill sets will support our development of financial and
operational strategies that we believe will help Cardlytics reach
its long-term potential.”
"John and David have served on the Cardlytics board since 2008
and 2011, respectively," said new Chairperson Jack Klinck. “Their
contributions to Cardlytics have been significant and valuable. The
company relied on their deep operational and financial expertise
from the earliest stages of its existence, and we wish them all the
best in their future endeavors.”
Fernandez is a seasoned executive with vast leadership
experience, including roles as CFO, CEO and COO at companies such
as WeWork, NCR and General Electric. Fernandez obtained an A.B. in
Economics from Harvard University in 1990 and currently resides in
Riverside, CT.
Francis is currently the Chief Data and Analytics Officer at
General Motors and has over 25 years of experience in a variety of
data-driven roles at companies such as PayPal, Starbucks and Nike.
Francis earned a B.B.A. in Math and Statistics from St. Olaf
University in 1994 and an M.S. in Statistics from Oregon State
University in 1996. He currently resides in Seattle, WA.
About Cardlytics
Cardlytics (NASDAQ: CDLX) is a digital advertising platform. We
partner with financial institutions to run their banking rewards
programs that promote customer loyalty and deepen banking
relationships. In turn, we have a secure view into where and when
consumers are spending their money. We use these insights to help
marketers identify, reach, and influence likely buyers at scale, as
well as measure the true sales impact of marketing campaigns.
Headquartered in Atlanta, Cardlytics has offices in Menlo Park, New
York, Los Angeles, and London. Learn more
at www.cardlytics.com.
Cautionary Language Concerning Forward-Looking
Statements
This press release contains "forward-looking statements" within
the meaning of the "safe harbor" provisions of the Private
Securities Litigation Reform Act of 1995, including but not limited
to forward-looking statements related to the benefits of
Fernandez’s and Francis’ appointment to the Board of Directors.
These forward-looking statements are made as of the date they were
first issued and were based on current expectations, estimates,
forecasts and projections as well as the beliefs and assumptions of
management. Words such as "expect," "anticipate," "should,"
"believe," "hope," "target," "project," "goals," "estimate,"
"potential," "predict," "may," "will," "might," "could," "intend,"
or variations of these terms or the negative of these terms and
similar expressions are intended to identify these forward-looking
statements. Forward-looking statements are subject to a number of
risks and uncertainties, many of which involve factors or
circumstances that are beyond our control.
Our actual results could differ materially from those stated or
implied in forward-looking statements due to a number of factors,
including but not limited to the risks detailed in the “Risk
Factors” section of our Form 10-Q filed with the Securities and
Exchange Commission on November 8, 2023 and in subsequent periodic
reports that we file with the Securities and Exchange Commission.
Past performance is not necessarily indicative of future
results.
The forward-looking statements included in this press release
represent our views as of the date of this press release. We
anticipate that subsequent events and developments will cause our
views to change. We undertake no intention or obligation to update
or revise any forward-looking statements, whether as a result of
new information, future events or otherwise, except as required by
law. These forward-looking statements should not be relied upon as
representing our views as of any date subsequent to the date of
this press release.
Contacts:Public Relations:Robert
Robinsonpr@cardlytics.com
Investor Relations:Robert Robinsonir@cardlytics.com
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