PubMatic Announces Key Executive Hires to Bolster Commerce Media Growth and Innovation
25 Giugno 2024 - 3:00PM
PubMatic (Nasdaq: PUBM), an independent technology company
delivering digital advertising’s supply chain of the future, is
pleased to announce the addition of two executives to its commerce
media team. These strategic hires will play a crucial role in
advancing PubMatic’s Convert product and expanding its impact
across the commerce media landscape.
Tim Rogers, Vice President of Commerce Media, will report to
Amar Goel, the company’s Founder, Chairman, and Chief Innovation
Officer, and lead PubMatic’s global commerce media strategy,
focusing on revenue growth and strengthening the company’s market
position. Rogers brings more than twenty years of commercial
leadership and innovation within advertising technology, previously
serving as the SVP of Enterprise Go-To-Market Strategy at Criteo,
where he successfully brought demand and supply solutions to market
for retailers, brands and agencies, and was a key leader in the
company’s focus on commerce media.
Somesh Bindu, Vice President of Commerce Media Product
Management, will report to Nishant Khatri, the EVP of Product
Management. Bindu will serve as the Commerce Media Product leader,
drive product strategy, and ensure strong execution across Convert
and PubMatic’s Commerce and Retail Media product portfolio. He
brings extensive expertise from his product-focused leadership
roles at Amazon Advertising and, most recently, Walmart Connect,
where he developed products like Walmart’s self-serve platform and
Advertising APIs.
Amar Goel, Founder, Chairman, and Chief Innovation Officer at
PubMatic, expressed his excitement about the new additions to the
commerce media team, stating, “We are thrilled to welcome Tim and
Bindu, whose industry experience and strategic vision will
accelerate PubMatic’s growth and innovation in the dynamic commerce
and retail media landscape. With Tim leading our global strategy
and Bindu spearheading product management, we are well-positioned
to unlock new opportunities and deliver exceptional value to our
partners and clients.”
“I’m thrilled to be joining the PubMatic team at this moment in
the company’s commerce media growth,” said Rogers. “PubMatic’s
Convert product offers a unique value proposition for the industry
and I’m excited to join the team that will expand its reach to more
partners.” Similarly, Bindu shared, “Convert and PubMatic’s
products offer some of the most cutting-edge technology in the
market, and I couldn’t be more excited to spearhead their continued
growth and development.”
Launched in July of 2023, PubMatic’s Convert empowers commerce
media networks with a single, self-service platform that
streamlines the complex and fragmented commerce media marketplace.
Commerce companies, like recent partners Instacart and Klarna, and
advertisers can now leverage one platform to upload, share,
execute, and measure onsite and offsite full-funnel campaigns in a
secure and efficient way.
According to Magna Global, omnichannel retail media will be one
of the largest, fastest-growing ad spending channels and will reach
$220 billion globally in 2027, up from $158 billion in 2024, a 40%
projected increase. With such substantial investment in retail
media, PubMatic’s Convert product and executive leadership are
well-positioned to maximize on this emerging platform and drive
value for partners and advertisers.
To learn more about Convert,
visit pubmatic.com/products/convert/
About PubMatic:PubMatic (Nasdaq: PUBM) is an
independent technology company maximizing customer value by
delivering digital advertising’s supply chain of the future.
PubMatic’s sell-side platform empowers the world’s leading digital
content creators across the open internet to control access to
their inventory and increase monetization by enabling marketers to
drive return on investment and reach addressable audiences across
ad formats and devices. Since 2006, our infrastructure-driven
approach has allowed for the efficient processing and utilization
of data in real time. By delivering scalable and flexible
programmatic innovation, we improve outcomes for our customers
while championing a vibrant and transparent digital advertising
supply chain.
Press Contact: Broadsheet Communications for
PubMatic pubmaticteam@broadsheetcomms.com (917) 826-1103
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