NEW YORK, Sept. 3, 2020 /PRNewswire/ -- Criteo S.A.
(NASDAQ: CRTO), the global technology company powering the world's
marketers with trusted and impactful advertising, today announced
the appointment of Sarah Glickman as
Chief Financial Officer, effective September
8. She will serve as both Criteo's principal financial
officer and principal accounting officer, and will replace
Dave Anderson, who served as interim
Chief Financial Officer for four months.
Glickman brings 30 years of global finance and transformation
experience to Criteo. She has a proven track record of delivering
operational excellence, sustainable performance and transformative
change to publicly traded innovation companies.
"Sarah is joining at an important time in Criteo's
transformation," said Megan Clarken,
CEO. "With a solid background in all aspects of corporate finance
and a strong operational approach to financial performance for
complex global entities, I'm positive her expertise in transforming
businesses will be a valuable asset to Criteo's growth and
success."
Glickman most recently served as Acting Chief Financial Officer
for 20 months at XPO Logistics, a Fortune 200 company and leading
global provider of transportation and logistics solutions, where
she previously served as Senior Vice President, Corporate Finance
and Transformation. There, she oversaw the execution of a
comprehensive restructuring program, expanded global shared
services and optimized finance processes and systems, including
free cash flow generation. Before that, she held operational Chief
Financial Officer roles at Novartis and Honeywell International and
served in various executive roles in shared services and
operations, internal audit, transformation and controllership at
both Honeywell International, where she spent 11 years, and
Bristol-Myers Squibb. She started her career at
PricewaterhouseCoopers.
"It's an exciting time to join Criteo. I have immense respect
for everything Criteo has been able to achieve as a global leader
in advertising technology," said Sarah
Glickman. "I look forward to working alongside this talented
leadership team to continue to grow and transform the
business."
Glickman is a U.S. CPA and a U.K. Fellow Chartered Accountant
with a degree in economics from the University of York, England. Her experience includes
strategic and operational planning, business unit finance,
controllership, shared services, procurement, real estate, tax,
treasury and risk management. She will be based in
Paris and will report to
Megan Clarken.
Forward-Looking Statements Disclosure
This press release contains forward-looking statements,
including with respect to our growth and transformation, and other
statements that are not historical facts and involve risks and
uncertainties that could cause actual results to differ materially.
Factors that might cause or contribute to such differences include,
but are not limited to: failure related to our technology and our
ability to innovate and respond to changes in technology,
uncertainty regarding the scope and impact of the recent outbreak
of COVID-19 on our employees, operations, revenue and cash flows,
uncertainty regarding our ability to access a consistent supply of
internet display advertising inventory and expand access to such
inventory, investments in new business opportunities and the timing
of these investments, whether the projected benefits of
acquisitions materialize as expected, uncertainty regarding
international growth and expansion, the impact of competition,
uncertainty regarding legislative, regulatory or self-regulatory
developments regarding data privacy matters and the impact of
efforts by other participants in our industry to comply therewith,
the impact of consumer resistance to the collection and sharing of
data, our ability to access data through third parties, failure to
enhance our brand cost-effectively, recent growth rates not being
indicative of future growth, our ability to manage growth,
potential fluctuations in operating results, our ability to grow
our base of clients, and the financial impact of maximizing Revenue
ex-TAC, as well as risks related to future opportunities and plans,
including the uncertainty of expected future financial performance
and results and those risks detailed from time-to-time under the
caption "Risk Factors" and elsewhere in the Company's SEC filings
and reports, including the Company's Annual Report on Form 10-K
filed with the SEC on March 2, 2020,
and in subsequent Quarterly Reports on Form 10-Q as well as future
filings and reports by the Company. Importantly, at this time, the
COVID-19 pandemic is having a significant impact on Criteo's
business, financial condition, cash flow and results of operations.
There are significant uncertainties about the duration and the
extent of the impact of the virus. Except as required by law, the
Company undertakes no duty or obligation to update any
forward-looking statements contained in this release as a result of
new information, future events, changes in expectations or
otherwise.
About Criteo
Criteo (NASDAQ: CRTO) is the global technology company
powering the world's marketers with trusted and impactful
advertising. 2,700 Criteo team members partner with over 20,000
customers and thousands of publishers around the globe to deliver
effective advertising across all channels, by applying advanced
machine learning to unparalleled data sets. Criteo empowers
companies of all sizes with the technology they need to better know
and serve their customers. For more information, please
visit www.criteo.com.
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SOURCE Criteo S.A.